Shanghai Friendess Electronic Technology Corporation Limited announced that it has received CNY 977.499806 million in funding from a group of investors

On April 7, 2022, Shanghai Friendess Electronic Technology Corporation Limited closed the transaction. The transaction included participation from Caitong Fund Management Co., Ltd. for 828,708 shares and CNY 220,999,849.44, Jinan Jiangshan Investment Partnership Enterprise (Limited Partnership) for 562,471 shares and CNY 149,999,766.28, Nuode Asset Management Co., Ltd. for 449,977 shares and CNY 119,999,866.36, JPMorgan Chase Bank, National Association for 374,981 shares and CNY 99,999,933.08, Shanghai Junmin Ronghe Industry Equity Investment Fund Partnership Enterprise (Limited Partnership) for 374,981 shares and CNY 99,999,933.08, The Goldman Sachs Group, Inc. for 243,737 shares and CNY 64,999,783.16, Shenwan Hongyuan Securities Co., Ltd, Research Division for 213,739 shares and CNY 56,999,916.52, UBS Group AG for 209,989 shares and CNY 55,999,866.52, CPIC Fund Management Co., Ltd. for 187,490 shares and CNY 49,999,833.20, Hualing Jinshan (Tianjin) Industry Investment Fund Partnership Enterprise (Limited Partnership) for 187,490 shares and CNY 49,999,833.20, Shengheng Jiuzhong Fengkong Strategic Phase 2 Private Equity Investment Fund, a fund managed by Gongqingcheng Shengheng Investment Management Co., Ltd. for 31,878 shares and CNY 8,501,225.04. On closing, the total share capital of the company increased from CNY 100,335,345 to CNY 104,000,786.