Shanghai Vohringer Wood Sales Co., Ltd. announced that it will receive CNY 45,000,000 in an equity round of funding from returning Vohringer Home Technology Co.,Ltd. (SHSE:603226) on April 23, 2021. On closing, the investor retains its 100% stake in the company. Post-closing, the registered capital of the company will increase from CNY 5,000,000 to CNY 50,000,000. The transaction was approved by the board of directors of the investor in its sixth meeting of the fifth board of directors and does not need to be submitted to shareholders.