Zhengzhou Shine-Link International Logistics Co., Ltd. announced a that it will raise not more than CNY 250 million in an equity round of funding on January 27, 2022. The transaction included participation from returning investor Shanghai Shine-Link International Logistics Co., Ltd. The transaction was approved by the board of directors of the company in its 13th session of the company's 3rd directorate. The company's registered capital is CNY 3 million.

The company will raise the proceeds in tranches according to actual needs. The first tranche will include proceeds of CNY 41 million.