Xinhao Photoelectricity (Enshi) Co., Ltd. announced that it will raise CNY 600,000,000 in an equity funding on October 23, 2023. The transaction will include participation from returning investor, Shenzhen Xinhao Photoelectricity Technology Co., Ltd. The transaction has been approved at the 7th meeting of the company?s 3rd directorate and the 7th meeting of the 3rd supervisory board.