Shanghai Ruishi Health Technology Co., Ltd. announced that it has raised CNY 100 million in an equity funding led by new investor, Sinovation Ventures (Beijing) Enterprise Management Limited on August 9, 2023. The transaction included participation from new investor, Yunnan Botanee Bio-Technology Group Co.LTD, returning investors, BRV Partners, LLC and Yaojin (Shanghai) Private Equity Fund Management Co., Ltd.