Lucky Harvest (Dongguan) New Energy Technology Co., Ltd announced that it will receive CNY 287,912,400 in a round of funding on September 28, 2021. The transaction will include participation from returning investor Lucky Harvest Co., Ltd., which will retain its 100% stake in the company. Out of the total of proceeds CNY 130,000,000 will go towards registered capital and remaining amount will go towards capital reserve. Pursuant to the transaction the registered capital of the company will increase from CNY 70,000,000 to CNY 200,000,000. The transaction has been approved by the board of directors' of the investor in its 21st Meeting of its 3rd Directorate and the 20th Meeting of the 3rd Supervisory Board.