Inner Mongolia Sanwei New Materials Co., Ltd. announced that it will receive CNY 566,000,000 in an equity round of funding on January 30, 2023. The transaction will include participation from returning investors Yao Zhende for CNY 56,600,000 and Sanwei Holding Group Co.,Ltd for CNY 509,400,000. The transaction was approved by the board of directors of the company at its twenty-eighth meeting of the fourth board of directors.