Asia-Pacific Light Alloy (Nantong) Technology Co., Ltd. announced that it will raise CNY 669,674,168.81 in an equity round of funding from returning investor Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. on April 29, 2023. Out of the total capital raise, CNY 250,000,000 will go towards registered capital, and its registered capital will increase from CNY 250,000,000 to CNY 500,000,000. The transaction has been approved in the 10th meeting of the 6th directorate.