Hangzhou Changhe Power Technology Co., Ltd. announced that it will receive CNY 11,489,000 in an equity round of funding on April 25, 2024. The transaction include the participation from new investor Shanghai Hanbell Precise Machinery Co., Ltd., hold 6% stake in the company. The company's registered capital is CNY 585,385 and CNY 10,903,615 as capital reserve.

The registered capital is increase from CNY 9,171,033 to CNY 9,756,418. The transaction has been approved at the 2nd meeting of the 7th board of directors.