Shenzhen Hongfuhan Software Technology Co., Ltd. announced that it will receive CNY 20,000,000 in an equity round of funding on October 25, 2021. The transaction will include participation from existing investor Shenzhen hongfuhan Technology Co. Ltd. to retain its 100% stake in the company. Pursuant to the transaction, the registered capital of the company will increase from CNY 5,000,000 to CNY 25,000,000. The transaction has been approved at the 10th meeting of the first board of directors of the company's parent.