Ningbo Hanjiete Liquid Separation Technology Co., Ltd. announced that it will raise CNY 25,000,000 in an equity round of funding on August 29, 2022. The transaction will include participation from returning investor, Zhejiang Zhengguang Industrial Co., Ltd. After the completion of this capital increase, the registered capital of the company will be increased from CNY 5,000,000 to CNY 30,000,000. The transaction has been approved by the board in its twenty-first meeting of the fifth board of directors.