Shandong Link Chemicals Co., Ltd. announced that it will receive $31,800,000 in an equity round of funding on December 18, 2023. The transaction will include participation from returning investor Shandong Link Science and Technology Co.,Ltd. The registered capital of the company is $31,000,000. This has been approved in the second directorate during its 24th meeting.

Post-completion of the transaction, the registered capital of the company will increase from $31,000,000 to $62,800,000. The transaction does not require approval by the investor's shareholders? meeting.

Post-completion of the transaction, Shandong Link Science and Technology Co.,Ltd. will increase the stake from 96.98% to 98.51% in the company.