Weihai Humon Chemical Co., Ltd. announced that it will receive CNY 1,000,000,000 in an equity round of funding from returning investor Shandong Humon Smelting Co., Ltd. on August 18, 2023. The transaction was approved by the board of directors of the company at its 6th session of the company?s 9th directorate and the 20th session of the company?s 9th supervisory board. Post to the closing, the registered capital of the company will increase from CNY 90,000,000 to CNY 1,090,000,000.