Shanghai KEYI Culture Communication Co., Ltd. announced that it will receive CNY 7 million in an equity round of funding on September 29, 2022. The transaction included participation from existing investor, Simei Media Co.,Ltd. The transaction has been approved in the 21st meeting of the 5th board of directors. Post completion of the transaction, the registered capital of the company will increased from CNY 3 million to CNY 10 million.