Hangzhou Chengxin Technology Co., Ltd announced that it will receive CNY 187,675,100 in a round of funding from returning investor Great Microwave Technology Co., Ltd. on March 4, 2022. Post the closing of the transaction, the registered capital of the company will increase from CNY 40,000,000 to CNY 80,000,000. The transaction was approved in the sixth meeting of the first board of directors and the fourth meeting of the first board of supervisors.