Shandong Antai Airport Equipment Co., Ltd. announced that it will raise CNY 46,171,400 in an equity funding on December 27, 2023. The transaction will include participation from returning investor, Weihai Guangtai Airport Equipment Co.,Ltd will its stake from 49% to 65%. The transaction has been approved at the 22nd session of the company?s 7th directorate.

Upon the completion, the company registered capital will increase from CNY 100,000,000 to CNY 145,714,300.