Hangzhou Yugu Technology Co., Ltd. announced that it has received CNY 30 million in funding from Shenzhen Capital Group Co., Ltd., CITIC Securities Company Limited, Ehong Capital, Zhejiang Daily Digital Culture Group Co.,Ltd., Hangzhou Financial Investment Group Co., Ltd

Zhejiang Daily Digital Culture Group Co Ltd is a China-based company principally engaged in the digital economy, expanding and innovating digital culture, and developing digital entertainment, digital cultural tourism, and art businesses. The Company operates through four segments. The Digital Culture segment is mainly engaged in online game operations, online social revenue, technical information services and online advertising revenue. The Digital Technology segment is mainly engaged in data technology, digital smart governance and integrated media technology, including promoting the construction and operation of various data centers. The Venture Capital segment is mainly engaged in investment and Zhejiang digital cultural science and technology park projects. The Branch of Zhejiang Digital segment is mainly engaged in technical information services. The Company mainly operates its businesses in the domestic and overseas markets.