Anhui Dianjinshi Energy Technology Co., Ltd. announced that it will receive CNY 40 million in an equity round of funding on February 8, 2024. The transaction include the participation from new investor Jiangsu Canlon Building Materials Co., Ltd., hold 9.0909% stake in the company. The company's registered capital is CNY 10 million and CNY 30 million will be added to capital reserve.

The company has raised CNY 440 as post money valuation. The transaction has been approved by the company?s 5th directorate during its 4th meeting and 5th supervisory board during its 3rd meeting and shareholders? meeting approval is not required.