Lanshen Technology announced that it has raised CNY 200 million in a round of funding from Minmetals Development Co., Ltd., Shaanxi Caijin Investment Management Co., Ltd., Shaanxi Xinghangcheng Investment Fund Partnership Enterprise (L.P.), a fund managed by Xi'an Duncheng Investment Management Co., Ltd., and Wukuang Yuanding Equity Investment Fund (Ningbo) Partnership Ent. (L.P.), a fund managed by Wukuang Innovation Equity Investment Fund Management (Ningbo) Co., Ltd. on February 2, 2023.