Dajing Information Chemicals (Xuzhou) Co., Ltd. announced that it will raise CNY 83,335,000 in an equity round of funding on March 16, 2023. The transaction will include participation from returning investor, Tianjin Jiuri New Materials Co., Ltd., increasing its take from 84% to 89.33%. The transaction has been approved by the shareholder's of the investor's company in , the 26th session of the company's 4th directorate and the 23rd session of the company's 4th supervisory board.