Shaoneng Group Shaoguan Risheng Biomass Power Generation Co., Ltd. announced that it will raise CNY 100,000,000 in an equity round of funding on April 26, 2024. The transaction will include participation from returning investor GuangDong ShaoNeng Group Co., Ltd. The company's registered capital will increase from CNY 100,000,000 to CNY 200,000,000. The transaction has been approved in GuangDong ShaoNeng Group Co., Ltd.'s 1st extraordinary meeting of the 11th board of directors