Zhongjuneng (Fuzhou) Technology Co., Ltd. announced that it will issue common shares for gross proceeds of CNY 49 million on April 10, 2023. The transaction will include participation from returning investor, Shenzhen Coship Electronics Co., Ltd. will invest CNY 39.2 million and Zhongke Juneng (Fujian) Technology Co., Ltd. will invest CNY 9.8 million. The transaction has been approved at the the 27th session of the company’s 6th directorate.

The transaction still needs to be approved by the company’s shareholders. After the completion of the capital increase, the company's registered capital will increase from CNY 1 million to CNY 50 million.