Shandong Anoky Fine Chemical Co., Ltd. announced that it will receive CNY 70,000,000 in an equity round of funding on April 27, 2023. The transaction will include participation from returning investor Shanghai Anoky Group Co., Ltd for CNY 70,000,000. The transaction has been approved by the board of directors of 19th Meeting of the Company’s 5th Directorate, and does not need the Shareholders’ Approval.

Post to the closing Shanghai Anoky Group Co., Ltd. will increase the capital from CNY 350,000,000 to CNY 420,000,000.