Anhui Zhongyuan New Materials Investment Co., Ltd. announced that it has raised CNY 30 million in an equity round of funding recently on December 30, 2021. The transaction included participation from returning investor Anhui Zhongyuan New Materials Co., Ltd. The company’s registered capital will increase CNY 60 million and CNY 90 million. The company completed industrial and commercial change registration procedures and obtained a renewed business license. The transaction was approved by the board of directors of the company.