Changzhou Huada Kejie Opto-Electro Instrument Co., Ltd. announced that it will raise CNY 350,000,000 in an equity round of funding on July 1, 2024. The transaction included participation from returning investor Hangzhou Greatstar Industrial Co., Ltd for CNY 333,550,000 and individual investor Chen Yongqiang for CNY 16,450,000. The company's registered capital will raise from CNY 12,335,000 to CNY 20,186,055.

The company will raise the transaction at a pre-money valuation of CNY 550,000,000.