UNISOL Membrane Technology (Xiamen) Co., Ltd. announced that it will receive CNY 30,000,000 in an equity round of funding from returning investor Xiamen Jiarong Technology Corp. Ltd. on May 17, 2022. Post closing, the registered capital of the company will increase from CNY 10,000,000 to CNY 40,000,000, and the investor will continue to hold 100% stake in the company.

The transaction has been approved in the 5th meeting of the 3rd directorate and the 5th meeting of the 3rd supervisory board of the investor, and does not need its shareholders' approval.