Beijing Dahao Technology Corp.,Ltd announced a private placement of CNY 20,000,000 in an equity round of funding from new investor Hunan Junxi High-tech Industry Fund Partnership (Limited Partnership) on December 21, 2021. The transaction was approved by the board of directors of the company at its sixth interim meeting of the fourth directorate. The funding is being raised at a post-money valuation of CNY 470,000,000.