Yichang Tinci High-tech Materials Co., Ltd. announced that it will receive CNY 200 million in an equity round of funding on April 16, 2024. The transaction include the participation from returning investor Guangzhou Tinci Materials Technology Co., Ltd. The company's registered capital is increase from CNY 400 million to CNY 600 million. The transaction has been approved at the 16th meeting of the 6th Board of Directors of the company.