Hunan Hengli Investment Management Co., Ltd announced that it will received CNY 30 million in a round of funding on January 28, 2022. The transaction will include participation from existing investor, Hengli Industrial Development Group Co., Ltd. After the completion of the transaction, the registered capital of company will be increased from CNY 50 million to CNY 80 million, and Hengli Investment will remain a wholly-owned subsidiary of the company. The transaction has been approved in the first extraordinary meeting of the ninth board of directors in 2022 and does not need to be submitted to the general meeting of shareholders deliberation.