Ittimland (Jiangsu) Hydrogen Technology Co., Ltd. announced it has signed a capital increase agreement to receive CNY 12,500,000 in an equity round of funding from new investor ZYNP Corporation on November 7, 2021. The registered capital of the company will increase from CNY 10,344,800 to CNY 12,931,000 and CNY 2,586,200 will go to registered capital. The investor will hold 20% stake in the company after completion.