Qingtian Little Yellow Duck Baby Products Co., Ltd. announced a placement of commons shares for gross proceeds of CNY 29 million on September 6, 2023. The transaction will include participation from returning investor, Qibu Corporation Limited. Through the transaction, the company's registered capital will increase from CNY 21 million to CNY 50 million.

The transaction has been approved in the 19th session of Qibu Corporation Limited's 3rd directorate and the 13th session of 3rd supervisory board.