Guangdong Xiongsu Technology Industrial (Jiangxi) Co., Ltd. announced that it will receive CNY 7,880,000 in an equity round of funding on April 28, 2021. The transaction will include participation from existing investor, Guangdong Xiongsu Technology Group Co., Ltd (SZSE:300599). Post transaction, the investor will retain 100% stake in the company. The registered capital of the company will increase from CNY 153,000,000 to CNY 160,880,000. The transaction has been approved by the board of the directors of the investor.