Dunlop Systems & Components announced that it will receive CNY 80 million in a round of funding on December 3, 2022. The transaction will include participation from either Suzhou Cheersson Precision Metal Forming Co., Ltd. or its subsidiary Cheersson (Hong Kong) Technology Limited. The company will receive CNY 40 million as first capital increase and remaining CNY 40 million afterward.

The transaction has been approved in the 24th session of the company's 2nd directorate.