Sinosteel Equipment & Engineering Co., Ltd. announced that it has received CNY 569 million in a round of funding on August 1, 2022. The transaction included participation from returning investor Sinosteel Engineering & Technology Co., Ltd. The change of the registered capital of the company has changed from CNY 3000 million to CNY 4000 million. The transaction has approved by the board pf directors in the 21st meeting of the ninth board of directors and the 15th meeting of the ninth board of supervisors.