Sichuan Zhuoqin New Material Technology Co., Ltd. announced that it will receive CNY 700,000,000 equity round of funding on December 6, 2023. The transaction include the participation from new investor Shanghai Putailai New Energy Technology Co., Ltd. The registered capital is increase from CNY 988,000,000 to CNY 1,688,000,000. The transaction has been approved in the 21st meeting of the 3rd board of directors and does not need to be submitted to the shareholders?