Biosino Suzhou Medical Instrument Co., Ltd announced that it will raise CNY 20 million in a round of funding on August 17, 2023. The transaction included participation from new investors, Biosino Bio-Technology and Science Incorporation, Beijing Chenyimeng, China Technology Industry Group Limited, Hefei Tashi for CNY 5 million, Hefei Xiangpeng for CNY 5 million. The transaction has been approved by shareholder of the company.