Lianhetech Holdco Limited announced that it will receive £100,000,000 in an equity round of funding on August 26, 2022. The transaction will include participation from returning investor, Lianhe Chemical Technology Co., Ltd., which will retain its existing stake of 100%. The transaction is subjected to approval of relevant Chinese government departments.

This does not need to be submitted to the investors' board of directors or shareholders' meeting for deliberation.