Youngsun Zhiyun (Zhejiang) Machinery Equipment Co., Ltd. announced that it will receive CNY 190 million in an equity round of funding on June 14, 2022. The transaction will include participation from returning investor Hangzhou Youngsun Intelligent Equipment Co., Ltd. and will retain its 100% stake in the company. The transaction has been approved by investor in its twentieth meeting of the fourth session of the board of directors.