Nantong Jiangneng Utilities Services Co., Ltd. announced that it has received CNY 21,000,000,000 equity round of funding on September 29, 2023. The transaction included the participation from existing investor Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. The company's registered capital is increased from CNY 100 million to CNY 121 million. The company held that the transaction has been reviewed and approved at the seventh meeting of the company?s ninth board of directors and does not need to be submitted to the company?s shareholders?

meeting for approval.