Hymson Laser Intelligent Equipments (Jiangsu) Co.,Ltd. announced that it will receive CNY 200,000,000 in an equity round of funding on January 24, 2022. The transaction will include participation from existing investor Shenzhen Hymson Laser Intelligent Equipments Co.,Ltd. As a part of the transaction CNY 20,000,000 will go to registered capital and CNY 180,000,000 to capital reserve. Pursuant to the transaction, the registered capital of the company will increase from CNY 180,000,000 to CNY 200,000,000.

The transaction has been approved at the 12th meeting of 2nd board of directors and 11th meeting of 2nd board of supervisors of the company's parent.