Jinhong Copper (Vietnam) Co., Ltd. announced that it will receive $2.3 million (CNY 15.871380 million) in an equity round of funding through capital increase from retuning investor Zhejiang Wandekai Fluid Equipment Technology Co., Ltd. to retain 100% stake in the company on April 24, 2023. The transaction has been reviewed and approved at second meeting of the third board of directors and the second meeting of the third board of supervisors.