Highly International (HK) Co., Ltd. announced that it will receive CNY 700,000,000 in an equity round of funding on September 4, 2020. The transaction included participation from returning investor, Shanghai Highly (Group) Co., Ltd. (SHSE:900910) to retain 100% stake in the company. The transaction was approved by the board of directors of the investor and at the second meeting of the ninth directorate meeting of the investor.