Guangdong Shenling Commercial Air Conditioning Equipment announced that it will receive CNY 15,000,000 in a round of funding on November 17, 2022. The transaction will include participation from returning investor, Guangdong Shenling Environmental Systems Co., Ltd. The company issued common shares in the transaction. The company has completed the completed the change of business registration of its capital increase.

The registered capital of Guangdong Shenling Environmental Systems Co., Ltd. is CNY 18,000,000 and holds 60% stake.