Shenzhen Ruidian Green Energy Technology Co., LTD. announced that it will receive CNY 100,000,000 in a round of funding on August 8, 2023. The transaction will include participation from returning investors Shenzhen Absen Optoelectronic Co.,Ltd. for CNY 51,000,000, Shenzhen Ruipin Storage Partnership Enterprise (Limited Partnership) for CNY 20,000,000; and Ding Yanhui for CNY 29,000,000. The transaction has been approved in the 8th meeting of the 5th directorate, 7th meeting of the 5th supervisory board.

The transaction does not need the shareholders? approval.