Tailai Jiuzhou Xingtai Biomass Thermal Power Co., Ltd. announced that it will raise not more than CNY 100 million in an equity round of funding on November 30, 2023. The transaction will include participation from returning investor Harbin Jiuzhou Group Co.,Ltd. After the transaction, the registered capital of the company will increase from CNY 200,000,000 to CNY 300,000,000. The transaction has been approved in the 8th Meeting of Harbin Jiuzhou Group Co.,Ltd.'s 8th Directorate.