Guilin Xiangzhao Technology Co., Ltd. announced that it will receive CNY 30 million in an equity round of funding on July 9, 2021. The transaction will include participation from returning investor, JinFu Technology Co., Ltd. The registered capital of the company will increase from CNY 30 million to CNY 60 million post closing of the transaction. The transaction has been approved at the thirteenth interim meeting of the second board of directors and the ninth interim meeting of the second board of supervisors of the investor.