Jiangsu Zanyu Technology Co., Ltd announced that it will receive CNY 120,000,000 in an equity round of funding from existing investor Zanyu Technology Group Co., Ltd. on December 20, 2022. The registered capital of the company will change CNY 30,000,000 to CNY 150,000,000. The Holding ratio change will be change 35% to 87% stake.

The transaction has been approved by board of directors of the investors in its third meeting of the sixth session of the board of directors.