Fuzhou Sun Cable announced that it will receive CNY 40 million in a round of funding on October 19, 2022. The transaction will include participation from other investor Fujian Nanping Sun Cable Co., Ltd. The company will issue common shares in the transaction. The transaction has been approved in , the 4th session of the company’s 10th directorate of the company.

The registered capital of the company has increased from CNY 10 million to CNY 50 million.