Sichuan Jinshi Xinneng Technology Co., Ltd. announced that it will receive CNY 20 million in an equity round of funding on January 23, 2024. The transaction will include participation from returning investor, Sichuan Jinshi Technology Co.,Ltd to revise its stake from 70% to 78.750%. The price of this capital increase is CNY 1.50 per registered capital, and CNY 13.33330 will be included in the registered capital and CNY 6.66670 million will be included in the capital reserve.

The transaction has been approved at the sixth meeting of the third board of directors of Sichuan Jinshi Technology Co.,Ltd. After the completion of this capital increase, the registered capital of the company will be increased from CNY 32.40 million to CNY 45.73330 million. Within 10 working days after the delivery conditions are met, the investor will transfer the capital increase to the company's designated account in one go.