Shenzhen Colibri Technology New Energy Co., Ltd. announced that it would receive CNY 290,000,000 in an equity round of funding from returning investor Shenzhen Colibri Technologies Co., Ltd. on October 27, 2021. The registered capital of the company will increase from CNY 10,000,000 to CNY 300,000,000. After the completion of the transaction, investor will hold 100% stake in the company. The transaction has been approved in the 16th meeting of the third board of directors of the investor.