Lihexing Intelligent Equipment (Jiangmen) Co., Ltd. that it will receive CNY 100,000,000 in an equity round of funding on October 25, 2021. The transaction will include participation from existing investor Shenzhen Lihexing Co., Ltd. to retain 100% stake in the company. On closing, the registered capital of the company will increase from CNY 100,000,000 to CNY 200,000,000. The transaction has been approved at the investor's 16th session of the 3rd directorate and at the 9th session of the investor's 3rd supervisory board