Jiangxi Changyun Ji'an Public Transportation Co., Ltd. announced that it will receive not more than CNY 60 million in equity round of funding on January 27, 2022. The transaction will include participation from existing investors Jiangxi Changyun Co., Ltd. for CNY 42 million, to retain 70% stake and Ji'an Xinluling Investment Development Co., Ltd. for CNY 18 million, to retain 30% stake. Upon closing, the registered capital of the company will increase from CNY 18.21428571 million to not more than CNY 78.21428571 million.

The transaction has been approved in the twenty-ninth meeting of the ninth board of directors.