Guangdong Liangyou Technology Co., Ltd. announced that it will raise CNY 150 million in an equity round of funding on October 26, 2021. The transaction include participation from returning investor Hongli Zhihui Group Co., Ltd. The transaction was approved by the board of directors of the company in its 24th meeting of the fourth board of directors. The company's registered capital before capital increases was CNY 95.03 million and after capital increases the company's registered capital will be CNY 245.03 million.

The transaction is not subjected to shareholders approval.