Shinegraph Info&Tech Co.,Ltd. announced that it will receive CNY 7,650,000 in funding on October 27, 2021. The transaction will include participation from new investor Newcapec Electronics Co., Ltd. which will acquire 51% stake of which CNY 743,440 will be included in the registered capital and remaining CNY 6,906,560 will be included in the capital reserve. The transaction has been approved by the 11th meeting of the fifth board of directors of investor.