Anhui Shunyu Ecological Technology Co., Ltd. announced that it will receive CNY 20,000,000 in an equity round of funding on April 19, 2024. The transaction will include participation from existing investor, Anhui Shunyu Water Affairs Co.,Ltd. The transaction has been approved by the investor at its 14th meeting of the 3rd board of directors. After the transaction, the registered capital of the company shall increase from CNY 20,000,000 to CNY 40,000,000.

The company will still have 100% stakes in the target company.