Zhejiang Zhitong Fire Network Co., Ltd. announced that it has received CNY 10,000,000 in a round of funding from Zhejiang Wellsun Intelligent Technology Co.,Ltd. on February 17, 2022. The transaction took place through registered capital increase from CNY 10,000,000 to CNY 20,000,000. The transaction does not need approval from Directorate and shareholders.