Guangzhou Shunwei New Energy Vehicles Co., Ltd. announced that it will receive CNY 110,000,000 in an equity round of funding on January 12, 2024. The transaction will include participation from returning investor, Guangdong Sunwill Precising Plastic Co.,Ltd. The transaction has been approved at the the sixth (extraordinary) meeting of Guangdong Sunwill Precising Plastic Co.,Ltd's sixth directorate and the fourth (extraordinary) meeting of the sixth supervisory board. The registered capital will increase from CNY 100,000,000 to CNY 210,000,000 post-completion of the transaction.