Hangzhou Xinhui Fuyun Information Technology Co., Ltd. announced that it will receive CNY 9,000,000 in an equity round of funding on April 6, 2021. The transaction will include participation from returning investors, Zhejiang Busen Garments Co., Ltd. (SZSE:002569) for CNY 4,590,000 and Wang Yazhu for CNY 4,410,000 to retain their stakes of 51% and 49% respectively. Post the closing, the registered capital of the company will increase from CNY 1,000,000 to CNY 10,000,000. The transaction has been approved at the 3rd meeting of the Zhejiang Busen Garments Co., Ltd. (SZSE:002569) 6th directorate and is not subject to shareholder's approval.