Hangzhou Zhewen Internet Technology Co., Ltd. announced that it will receive CNY 20,000,000 in its equity round of funding from returning investor Zhewen Interactive Group Co., Ltd. (SHSE:600986) on March 29, 2021. On closing, the investor retains its 100% stake in the company. The increased capital will be included in the capital reserve. The transaction was approved by the board of directors of Zhewen Interactive Group Co., Ltd. (SHSE:600986) in its third meeting of the ninth board of directors and matter does not need to be submitted to the company's general meeting of shareholders.