Aidou Technology (Shanghai) Co., Ltd. announced that it will receive CNY 20,000,000 in an equity round of funding on December 10, 2021. The transaction will include participation from new investor, Shanghai DZH Limited. Of the total gross proceeds, CNY 2,928,024 will go towards registered capital and CNY 17,071,976 will go towards capital reserve. The transaction has been reviewed and approved at the tenth meeting of the investor's fourth board of directors in 2021, and does not need to be submitted to the general meeting of shareholders for review and approval. The transaction still needs to be approved by the relevant authorities. Prior to the transaction, the registered capital of the company is CNY 12,444,100.