Zhongke Huaxia Fujia (Hangzhou) Equity Investment Partnership Enterprise (Limited Partnership) announced that it will raise CNY 250,000,000 in an equity funding on March 25, 2024. The transaction will include participation from returning investor, Ningbo Fujia Industrial Co., Ltd. will increase its stake from 99.0099% to 99.7151%. Upon the closing, the company's registered capital will increase from CNY 101,000,000 to CNY 351,000,000.

The transaction has been approved at the 14th meeting of the 2nd board of directors.