Funing GCL System Integration Technology Co., Ltd. announced that it will receive CNY 300,000,000 in an equity round of funding from existing investor Hefei GCL System Integration New Energy Technology holding 52.19% stake on June 20, 2023 . The company’s registered capital will increase from CNY 274,770,000 to CNY 574,770,000. The transaction has been approved at the 42nd Meeting of the Company’s 5th Directorate and does not need its shareholders’ approval.