Uroica (Shandong) Mining Technology Co., Ltd. announced that it will raise CNY 390 million in an equity round of funding on December 22, 2022. The transaction included participation from returning investor Uroica Precision Information Engineering Co.,Ltd. After the capital increase is completed, the registered capital of company will increase from CNY 405 million to CNY 795 million. The capital increase is all included in the registered capital.