Baoji Aerospace Power Pump Co., Ltd. announced that it will receive CNY 96,000,000 in a round of funding on December 13, 2023. The transaction will include participation from returning investor Shaanxi Aerospace Power Hi-Tech Co., Ltd.. The transaction has been approved by the board of director's of the company at its 32nd meeting of the seventh board of directors.

The registered capital of the company will increase from CNY 60,000,000 to CNY 156,000,000. After the capital increase is completed, the registered capital of the company will be CNY 156,000,000, and the company still be a wholly-owned subsidiary of the investor.