Yibin Lucky Harvest New Energy Technology Development 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 30 million will be added to the registered capital, paying the outstanding initial contribution of CNY 20 million, and the remaining portion will be added to capital reserve.

Upon the completion of the capital increase, the company's registered capital will increase from CNY 50 million to CNY 80 million.