Dongguan Shengyi Real Estate Development Co., Ltd. announced that it will receive CNY 350 million in equity round of funding from returning investor, Shengyi Technology Co.,Ltd. on November 4, 2021. The investor will retain its 100% stake in the company. The transaction has been approved at the 10th session of the 10th directorate of the investor. The current registered capital of the company is CNY 1,833,000,000.