Guangdong Kingkey Smart Agriculture Times Co., Ltd announced that it will receive CNY 900 million in a round of funding on August 18, 2023. The transaction will include participation from returning investor, Shenzhen Kingkey Smart Agriculture Times Co.,Ltd along with its subsidiaries. The transaction has been approved at the fifth meeting of the tenth board of directors.

Through the transaction, the company's registered capital will increase from CNY 100 million to CNY 1,000 million.