Shanghai Lianhua Heliou Co.,Ltd. announced that it will receive CNY 238,185,000 in an equity round of funding on July 24, 2023. The transaction will include participation from returning investor, Lianhe Chemical Technology Co.,Ltd., directors and supervisors and key management of Lianhe Chemical Technology Co., Ltd., other shareholding employees, employee shareholding platform. The transaction was approved by the board of directors of the investor at its seventh meeting of the eighth board of directors of the company.