Guangdong Hoshion New Energy Technology Co., Ltd. announced that it has received CNY 70 million on August 23, 2021. The transaction included participation from returning investor Guangdong Hoshion Aluminium Co., Ltd. to retain 100% stake in the company. The transaction has been approved by sixth meeting of the fourth board of directors of investor. The registered capital of the company will increase from CNY 80 million to CNY 150 million.