Lucky Harvest (Guangzhou) Co., Ltd. announced that it will raise CNY 100 million in an equity funding on April 24, 2024. The transaction will include participation from returning investor, Lucky Harvest Co., Ltd. The transaction has been approved at the 25th meeting of the 4th Term of the Board of Directors and the 25th meeting of the 4th Term of the Board of Supervisors. Out of the total capital increase, CNY 50 million will be added to the registered capital, and the remaining portion will be added to capital reserve.