Shaowu Yonghe Jintang New Material Co., Ltd announced that it will receive CNY 158,320,600 in an equity round of funding on July 23, 2021. The transaction will include participation from returning investor, Zhejiang Yonghe Refrigerant Co., Ltd. Post the closing, the registered capital of the company will increase from CNY 400,000,000 to CNY 558,320,600.The transaction has been approved by the 13th session of the investor's 3rd directorate and the 7th session of the investor's 3rd supervisory board