Guangzhou Xinsheng Chuangying New Energy Technology Co., Ltd. announced that it will receive CNY 100,00,000 investment in an equity round of funding on May 22, 2023. The transaction included participation from new investor Guangzhou Great Power Energy and Technology Co., Ltd. Pursuant to the transaction, the registered capital of the company will increase from CNY 200,000,000 to CNY 300,000,000. The transaction has been approved in the 39th Meeting of the Company?s 4th Directorate.