Shenzhen Lingzhi Digital Technology Co., Ltd announced that it will receive CNY 30 million in an equity round of funding on November 16, 2023. The transaction will include participation from returning investor Rainbow Digital Commercial Co., Ltd. This has been reviewed and approved in the 19th meeting of sixth board of directors. Post-completion of the transaction, Rainbow Digital Commercial Co., Ltd. will increase its stake from 85% to 88.45% in the company.