Xi'an Lingfeng Global Printing Technology Co., Ltd. announced that it will receive CNY 150,000,000 in an equity round of funding on December 22, 2022. The transaction will include participation from returning investor, Xi'an Global Printing Co., Ltd. to maintain its 100% stake in the company. Post the closing of the transaction, the registered capital of the company will increase from CNY 50,000,000 to CNY 200,000,000.

The transaction has been approved at the 19th meeting of the fifth board of directors of the investor.