Ningbo IKD Technology Industry Development Co., Ltd. announced that it will receive not more than CNY 300,000,000 in an equity round of funding on June 4, 2024. The transaction will include participation from returning investor IKD Co., Ltd. The transaction has been approved in the 27th meeting of the 3rd board of directors of IKD Co., Ltd. Post-closing of the transaction, the investor will continue to hold 100% stake in the company, the registered capital will increase from CNY 1,000,000,000 to CNY 1,300,000,000.