Jianyang Jiamei Printed Iron Can Manufacturing Co., Ltd. announced that it will receive CNY 117,000,000 in an equity round of funding from existing investor Jiamei Food Packaging (Chuzhou) Co.,Ltd on December 16, 2022. Post to the closing, the registered capital of the company will increase from CNY 63,000,000 to CNY 180,000,000. The company will retain 100% stake in the company.

The transaction was approved by board of directors in its twenty-fifth meeting of the second board of directors.