Shanghai Yuesai Biotechnology Co., Ltd. announced that it has received $31,500,000 in a round of funding co-led by ACME, LLC and CDH Investment Management Company Limited on March 14, 2022. The transaction also included participation from Kunlun Capital Pte Ltd, Shanghai Fosun Pharmaceutical (Group) Co., Ltd., Shanghai Guofang FOF Equity Investment Management Co., Ltd., Tibet RuiHua Capital Management Co., Ltd., returning investors TF Capital, GL Ventures.