Huizhou Mehow Medical Technology Co., Ltd. announced that it will receive CNY 300 million in an equity round of funding through capital increase from retuning investor Mehow Innovative Ltd. to retain 100% stake in the company on October 26, 2022. After the capital increase is completed, registered capital and paid-in capital of company will increase from CNY 300 million to CNY 600 million. The transaction has been approved at 15th meeting of the first board of directors and the 11th meeting of the first board of supervisors.