Zhaoqing Foran Energy Co., Ltd. announced that it will receive CNY 14 million in a round of funding on December 29, 2022. The transaction will include participation from returning investor Foran Energy Group Co., Ltd. The company issued common shares in the transaction. The transaction has been approved in the 40th meeting of the fifth board of directors and the 23rd meeting of the fifth board of supervisors.

The registered capital of the company is CNY 290.8822 million.