Huzhou Jahen Industrial Co., Ltd. announced that it will receive CNY 160 million in an equity round of funding on September 23, 2022. The transaction will include participation from returning investor, Jahen Household Products Co., Ltd to retain 100% stake. After the completion the registered capital of the company will increase from CNY 200 million to CNY 300 million and remaining CNY 60 million will be added in the capital reserve.

The transaction has been approved in the sixth meeting of the second board of directors.