Yajiang Shengtian New Energy Co., Ltd announced that it will receive CNY 458.92 million in a round of funding on February 10, 2023. The transaction will include participation from new investor, Sichuan Shengtian New Energy Development Co., Ltd, existing investor, Chengdu Xinzhu Road&Bridge Machinery Co.,LTD. Post completion, the registered capital will increase from CNY 5 million to CNY 463.92 million. The transaction has been approved in the 38th session of the company?s 7th directorate.