Chizhou Jushi Chemical Co., Ltd. announced that it will receive CNY 40,217,100 in funding on October 27, 2021. The transaction will include participation from existing investor Polyrocks Chemical Co., Ltd which will retain 100% stake in the company. The registered capital of the company will increase from CNY 50,000,000 to CNY 100,000,000.

The company's capital increase consists of CNY 40,217,100 in cash and CNY 9,782,900 in capitalization. The transaction has been approved in the 30th meeting of the investor's 5th directorate and the 18th meeting of the 5th supervisory board and does not need the shareholders' approval.