Zheshang Development Group Electric Power Technology Co., Ltd. announced that it receive CNY 300,000,000 in an equity round of funding from returning investor Zheshang Development Group Co., Ltd on June 21, 2022. The transaction was approved by the board of directors of the company at its 3rd extraordinary meeting of the Company's 7th directorate. Post to the closing, the registered capital of the company will be increased CNY 500,000,000.