Yunnan Xiongsu Technology Development Co., Ltd. announced that it will receive CNY 50 million in an equity round of funding on June 28, 2021. The transaction will include participation from returning investor Guangdong Xiongsu Technology Group Ltd. to retain 100% stake in the company. The registered capital of the company will be changed from CNY 150 million to CNY 200 million. The transaction has been approved by board of directors of the investor.