Hefei Whale Technology Co., Ltd. announced that it expects to receive CNY 49.5 million in funding from Jiangsu Yitong High-Tech Co., Ltd.
Hefei Whale Technology Co., Ltd. announced that it would receive CNY 49,500,000 in an equity round of funding from returning investor, Jiangsu Yitong High-Tech Co., Ltd. on March 9, 2021. After the capital increase is completed, the registered capital of Whale Technology will increase from CNY 500,000 to CNY 50,000,000. The transaction has been approved in the 20th meeting of the 7th directorate.