Shenzhen Zhengtong Cloud Computing Co., Ltd. Ltd announced that it will receive CNY 100 million in an equity round of funding through capital increase from retuning investor SZZT Electronics CO.,LTD to retain 100% stake in the company on December 23, 2022. The transaction has been approved at fourth (provisional) meeting of the sixth board of directors and the fourth (provisional) meeting of the sixth board of supervisors. After the completion of this capital increase, the registered capital will be increased from CNY 100 million to CNY 200 million.