Lanjie Energy Technology (Shanghai) Co., Ltd announced that it will receive CNY 75,000,000 in an equity round of funding on December 31, 2021. The transaction will include participation from new investor Hangzhou Boiler Group Co., Ltd. The transaction was approved at the twenty-sixth extraordinary meeting of the fifth session of the board of directors of the investor and does not need to be submitted to the investor's shareholders meeting for approval.