Shaoxing Changrun Chemical Industry Co., Ltd. announced that it will raise CNY 50,000,000 in an equity round of funding from returning investor Yongtaiyun Chemical Logistics Co.,Ltd on June 14, 2023. The company's registered capital will increase from CNY 20,000,000 to CNY 24,000,000. The transaction has been approved in the 10th meeting of the company’s 2nd directorate and the 9th meeting of the 2nd supervisory board, and does not need the shareholders’ approval.