Shaanxi Aerospace Power Energy Saving Technology Co., Ltd. announced that it will receive CNY 50,000,000 in a round of funding on December 15, 2023. The transaction will include participation from returning investor Shaanxi Aerospace Power Hi-Tech Co., Ltd.. The transaction has been approved by the board of director's of the company at its 32nd meeting of the seventh board of directors.

The registered capital of the company will increase from CNY 9,500,000 to CNY 59,500,000.