Hefei Junzheng Technology Co., Ltd. announced that it will raise CNY 113,326,400 in a round of funding on April 7, 2023. The transaction will include participation from returning investor, Ingenic Semiconductor Co.,Ltd. The transaction has been approved at the 10th meeting of the company's 5th directorate and the 9th meeting of the 5th supervisory board. The transaction is still subject to the shareholders' approval.