Anhui Wensheng Medical Equipment Co., Ltd announced that it will receive CNY 85,000,000 in an equity round of funding on March 28, 2022. The transaction will include participation from new invetsor Sichuan Dowell Science and Technology Inc. for CNY 46,350,000 for 51.5% stake, Wu Zixiang for CNY 26,150,000, Xu Gewen for CNY 6,795,000, Xiong Qiansheng for CNY 5,625,000 and Wang Tong for CNY 1,080,000. The transaction was approved by the board of directors of investor at its 19th meeting fifth directorate.

Post to the closing, the registered capital of the company will increase from CNY 5,000,000 to CNY 90,000,000.