Nantong Jinnuo Intelligent Manufacturing Co., Ltd. announced that it will receive CNY 30,000,000 in a round of funding on January 11, 2023. The transaction will include participation from new investor Yingkou Jinchen Machinery Co., Ltd. for CNY 30,000,000. The company will issue common shares in the transaction.

This has been approved in the The 25th Meeting of the 4th Board of Directors and 22nd Meeting of the 4th Board of Supervisors. Post-completion of the transaction, the registered capital of the company will increase from CNY 0 to CNY 30,000,000.