Beijing Yicheng High-tech Technology Development Co., Ltd. announced that it will raise CNY 25,600,000 in an equity funding on November 10, 2023. The transaction will include participation from new investors, Vanjee Technology Co., Ltd. for CNY 5,000,000 out of which CNY 349,595 will go to registered capital, Beijing Yuanpei Technology Innovation Investment Center (L.P.), a fund managed by Founder H Fund Co., Ltd., an investment arm for CNY 20,000,000 out of which CNY 1,398,379 will go to registered capital and Hefei Hesheng Zhongshuo Enterprise Management Partnership Enterprise (L.P.) for CNY 600,000 out of which CNY 41,951 will go to registered capital. Upon the closing of the transaction, the company's registered capital will go from CNY 24,471,631 to CNY 26,261,556.

The transaction has been approved at the 37th meeting of the 4th board of directors.