Haiyan Deye New Energy Technology Co., Ltd. announced that it will raise CNY 500,000,000 in a round of funding on July 18, 2024. The transaction will include participation from returning investor Ningbo Deye Technology Group Co., Ltd. Out of the total funding, CNY 63,040,000 will go to registered capital, and CNY 436,960,000 to capital reserve. The transaction has been approved in the 7th Meeting of the Company?s 3rd Directorate and the 5th Meeting of the 3rd Supervisory Board of Ningbo Deye Technology Group Co., Ltd.