Wuchan Zhongda (Zhejiang) Industrial Investment Co., Ltd. announced that it will receive CNY 1,500,000,000 on August 18, 2023. The transaction has been approved by the shareholders. The company will increase from CNY 1,000,000,000 to CNY 2,500,000,000.

The transaction involved participation from new investor Wuchan Zhongda Group Co.,Ltd.