Sichuan Zhongdian Qimingxing Information Technology Co., Ltd. announced that it will receive CNY 81,150,000 in a round of funding from returning investor State Grid Information & Communication Co., Ltd. on April 20, 2022. The company will issue common shares in the transaction. Post the closing of the transaction, the investor will continue to hold 100% stake in the company and registered capital will increase from CNY 290,000,000 to CNY 371,150,000.

The transaction was approved at the 14th meeting of the 8th supervisory board.