MicroTech Medical Co., Ltd. announced that it has raised CNY 575,000,000 in a round of funding co-led by new investors, Tencent Holdings Ltd., Investment Arm, IDG Capital Partners Co., Ltd., and Taikang Qianzhen Fund on December 8, 2020. The transaction also involved participation from CICC Jia Cheng Investment Management Company Limited, new investors, Sanzheng Health, China Everbright Limited (SEHK:165), Zhongjin Pucheng Investment Co., Ltd, 3H Health Investment Management, and returning investors, Qiming Weichuang Venture Capital Management (Shanghai) Company Limited, Lilly Asia Ventures, CD Capital, Shanghai Guofang FOF Equity Investment Management Co., Ltd., and Zhejiang Juren Capital Management Co., Ltd.