Shenzhen New Trend International Software Technology Co., Ltd. announced that it will receive CNY 50,000,000 in an equity round of funding on December 27, 2021. The transaction will include participation from returning investor, New Trend International Logis-Tech Co.,Ltd. to maintain its 100% stake in the company. Post the closing, the registered capital of the company will increase from CNY 50,000,000 to CNY 100,000,000.

The transaction has been approved at the 17th meeting of the company's 4th directorate and is not subject to its shareholder's approval.