Wanli (Xiamen) New Energy Resources Co., Ltd. announced that it will receive CNY 30 million in round of funding on November 17, 2023. The transaction include the participation from returning investors Xiamen Wanli Stone Stock Co., Ltd for CNY 15,300,000 and hold 51% stake and Xinjiang Tailixin Mining Co., Ltd. for CNY 14,700,000 and hold 49% stake. The company's registered capital is increased from CNY 50 million to CNY 80 million.

The transaction has been approved at the sixth meeting of the company?s fifth session of the Board of Directors.