Sihui Fuji Technology Co., Ltd. announced that it will raise CNY 100 million in an equity round of funding on December 14, 2022. The transaction includes participation from new investor Sihui Fuji Electronics Technology Co., Ltd. The registered capital of the company will increase from CNY 100 million to CNY 200 million after completion of the transaction. The transaction was approved by the board of directors in its eleventh meeting of the second board of directors.

This capital increase does not need to be submitted Shareholders' meeting for deliberation.