Zhejiang Yindun Cloud Technology Co., Ltd. announced that it will receive CNY 401,100,000 equity round of funding on December 11, 2023. The transaction will include participation from new investor Jinzi Ham Co.,Ltd., for CNY 70,000,000 and individual investors Li Li, and Zhang Xian. The company will add CNY 70,000,000 to registered capital, and CNY 331,100,000 to the capital reserve.

The registered capital of the company is CNY 500,000,000. This has been approved in the 16th meeting of the 6th board of directors. The transaction is within the scope of authority of the board of directors and does not need to be submitted to the shareholders?

meeting for deliberation.