WINBO-Dongjian Automotive Intelligent System Co., Ltd. announced that it will receive CNY 100,000,000 in an equity round of funding on December 14, 2023. The transaction will include participation from returning investor Shanghai WINBO-Dongjian Automotive Technology Co., Ltd. for CNY 100,000,000 to retain the majority stake in the company. This has been approved in the 5th Meeting of the Company?s 3rd Directorate and the 5th Meeting of the 3rd Supervisory Board.

The registered capital of the company is CNY 40,000,000. The registered capital of the company will increase from CNY 40,000,000 to CNY 140,000,000.