Bondex International Logistics Co., Ltd. announced that it has raise CNY 545 million in an equity round of funding on December 13, 2022. The transaction include participation from returning investor Bondex Supply Chain Management Co., Ltd for 100% stake. The transaction was approved by the board of directors in its twelfth meeting of the second board of directors.

The company will contribute CNY 50 million to registered capital, and the remaining CNY 495 million will be included in the capital reserve. After the completion of this capital increase, the registered capital of the company will be increased from CNY 100 million to CNY 150 million.