Xiamen Jiwei Information Technology Co., Ltd. announced that it has entered into a capital increase agreement for CNY 85 million with new investors Shenzhen Sunlord Investment Co., Ltd., Yiwu Weihao Chuangxin Phase I Equity Investment Partnership (Limited Partnership), a fund managed by Shanghai Weihao Chuangxin Investment Management Co., Ltd., SG Micro Corp, Chen Datong, Shengming Enterprise Management Consulting Co., Ltd, Beken Corporation, SMIT Group (Shenzhen) Co., Ltd., returning investor Shenzhen Capital Group Co., Ltd. in February 2021. The transaction also include participation from new investor Navtech Inc. On post completion Shenzhen Capital Group Co., Ltd. will acquire 3.25%, Shenzhen Sunlord Investment Co., Ltd. will acquire 1.71%, Shanghai Weihao Chuangxin Investment Management Co., Ltd. will acquire 1.71%, SG Micro Corp will acquire 1.71%, Shengming Enterprise Management Consulting Co., Ltd will acquire 1.71%, Beken Corporation will acquire 1.71%, SMIT Group (Shenzhen) Co., Ltd. will acquire 1.71%, Navtech Inc. will acquire 1.71%, Chen Datong will acquire 0.85%. The round is raised at pre-money valuation of CNY 500 million.