Wuhan Xice Testing Technology Co., Ltd. announced that it will receive CNY 80,000,000 in an equity round of funding on December 12, 2023. The transaction include the participation from returning investor, Xi'an Xice Testing Technology Co. Ltd., hold 100% stake in the company.

The company's registered capital will increase from CNY 500,000 to CNY 80,500,000. The transaction has been approved in the 11th Meeting of the Company?s 2nd Directorate and the 9th Meeting of the 2nd Supervisory Board, and still subject to the Shareholders? Approval.