Qijing Industrial (Thailand) Co., Ltd. announced that it will receive THB 300 million in a equity round of funding on May 29, 2024. The transaction will include participation from new investors Qijing Machinery Co., Ltd. for THB 323.4 million, Bosiwei Precision Industry (Ningbo) Co., Ltd. for THB 3.3 million, and Xixuan Information Technology (Shanghai) Co., Ltd. for THB 3.3 million. This has been approved in the 17th meeting of the 4th Board of Directors of Qijing Machinery Co., Ltd. The transaction still needs to be approved by relevant state departments such as the commerce department, the Development and Reform Commission, and the foreign exchange management department.

Post-completion of the transaction, the registered capital of the company will increase from THB 300 million to THB 630 million. The registered capital of the company is THB 300 million.