Nantong Square Energy Saving Technology Co., Ltd. announced that it will receive CNY 300,000,000 in an equity round of funding on April 25, 2024. The transaction include the participation from returning investor Square Technology Group Co.,Ltd, hold 100% stake in the company. The company's registered capital is increased from CNY 300,000,000 to CNY 600,000,000.

The transaction has been approved in the 13th meeting of the 4th board of directors of Square Technology Group Co., Ltd .