Road Bio-Environmental Technology (Jinsha) Co., Ltd announced that it will receive CNY 30,000,000 in an equity round of funding on February 8, 2023. The transaction will include participation from returning investor Road Environment Technology Co.,Ltd., which will retain its 100% stake in the company. The transaction has been approved by the board of directors of the investor in its sixth meeting of the fourth board of directors.

Post transaction, the registered capital of the company will increase to CNY 80,000,000.