Hi-tech Mould & Plastics (thailand) Company Limited announced that it will raise CNY 17,000,000 in an equity round of funding on September 18, 2023. The transaction will include participation from returning investor, Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd. for revising its stake from 99.9960% to 99.99780%. The company's registered capital will increase from CNY 20,120,689.8 to CNY 37,125,517.35420.

The transaction has been approved by the the 14th meeting of the second board of directors and 14th meeting of the second board of supervisors of Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd. The capital increase is subject to the registration approval of the local government in Thailand.