Jiangxi YiDong Electronics Technology Co., Ltd. announced that it will receive CNY 130,000,000 in an equity round of funding on February 26, 2022. The transaction will include participation from returning investor YiDong Electronics Technology Co., Ltd. to retain its 100% stake in the company. Post completion of the transaction, the capital of the company will increase from CNY 20,000,000 to CNY 150,000,000.

The transaction has been approved by the board of directors of YiDong Electronics Technology Co., Ltd. in the first board of directors and the fifth meeting of the first board of supervisors.