Mile Yunnengtou New Energy Development Co., Ltd. announced that it will receive CNY 250,000,000 in an equity round of funding on June 20, 2024. The transaction include the participation from new investor Yunnan Energy Investment Co., Ltd. The company's registered capital is increase from CNY 1,000,000 to CNY 251,000,000. The transaction has been approved at the 4th Extraordinary Meeting in 2024 of the Board of Directors of the company.