Fuyu Jiuzhou Environmental Energy Co., Ltd. announced that it will raise not more than CNY 50,000,000 in an equity funding on October 24, 2023. The transaction will include participation from returning investor, Harbin Jiuzhou Group Co.,Ltd. Post completion of the capital increase, the company's registered capital will increase from CNY 10,000,000 to CNY 200,000,000. The transaction has been approved at the 6th meeting of the company?s 8th directorate.