Shaoxing Jianhu Wine Engineering Co., Ltd. announced that it will receive CNY 15,000,000 in a round of funding on October 24 2022. The transaction will include participation from returning investor Zhejiang Guyuelongshan Shaoxing Wine Co.,Ltd. The company will issue common shares in the transaction. The transaction has been approved in the 10th Meeting of the 9th Directorate of the company.

The registered capital of the company has increased from CNY 50,000,000 to CNY 65,000,000.