Cangzhou Lingang Beijiao Chemical Co., Ltd. announced that it will receive CNY 170,000,000 in an equity round of funding on April 17, 2023. The transaction will include participation from returning investor, Zhejiang Realsun Chemical Co.,Ltd. Pursuant to the transaction, the registered capital of the company will increase from CNY 110,500,000 to CNY 280,500,000. The transaction has been reviewed and approved in its seventh meeting of the third board of directors and the seventh meeting of the third board of supervisors of investor.