Tianjin Haitai Fangtong Investment Co., Ltd. announced that it will raise CNY 140 million in an equity round of funding on August 25, 2023. The transaction will include participation from new investor Tianjin Hi-Tech Development Co.,Ltd. The transaction has been approved by the 24th session of the company?s 10th directorate. After the capital increase, its registered capital will become CNY 150 million.