Fujian Minguang Software Co., Ltd. announced that it will raise CNY 781,720,143 in an equity round of funding on February 22, 2024. The transaction will include participation from returning investor, Sansteel MinGuang Co.,Ltd.,Fujian. The company's registered capital will increase from CNY 10,000,000 to CNY 20,000,000 and capital reserve for CNY 68,172,014,030.