Hangzhou Pingzhi Funeng Smart Technology Co., Ltd. announced that it will issue common shares for the gross proceeds of CNY 19,990,000 in a round of funding on April 16, 2023. The transaction will include participation from returning investor Hangzhou Anysoft Information Technology Co., Ltd. The transaction has been approved in the the eleventh meeting of the fourth board of directors and the eleventh meeting of the fourth board of supervisors and does not need to be submitted to the company's general meeting of shareholders for consideration. Before and after the capital increase, the investor holds 100% equity in the company.

The registered capital of the company is CNY 10,000,000.