Shenzhen S.F. Taisen Holding (Group) Co., Ltd. announced that it will receive CNY 7,673,580,000 an equity round of funding on June 29, 2020. The transaction will include participation from returning investor S.F. Holding Co., Ltd to retain its 100% stake in the company. The transaction has been approved by the board of directors of S.F. Holding Co., Ltd. in the sixth meeting of its fifth directorate. There is no need for investor's shareholders' meeting approval. Of the total amount, CNY 10 million will be added to registered capital and the rest will be added to the capital reserve.