Ningbo Zhidao Enterprise Management Co., Ltd. announced that it will receive CNY 1,000,000,000 in funding on March 15, 2022. The transaction will include participation from existing investor Yinyi Co.,Ltd. which will continue to own 100% stake. The registered capital of the company will increase from CNY 500,000,000 to CNY 1,500,000,000.

The capital increase was approved by the 2nd session of the company's 8th directorate of the investor.