Shenzhen Yifeng Communication Technology Co., Ltd. announced that it will issue CNY 10,000,000 in an equity round of funding on April 12, 2022. The transaction will include participation from existing investor Queclink Wireless Solutions Co., Ltd. Pursuant to the transaction, the registered capital of the company will increase from CNY 500,000 to CNY 10,500,000. The transaction has been approved at the 17th meeting of 3rd board of directors and 15th meeting of 3rd board of supervisors of the company's parent.