Shenzhen Kingkey Smart Agriculture Food Co., Ltd. announced that it will receive CNY 30,000,000 investment in a round of funding on August 18, 2023. The company will issue common shares in the transaction. The transaction will include participation from returning investor Shenzhen Kingkey Smart Agriculture Times Co.,Ltd. The registered capital of the company will increase from CNY 20,000,000 to CNY 50,000,000 after the capital increase.

This has been approved in the meeting of the tenth board of directors.