Hunan Health Big Data Development Co., Ltd. announces a private placement of gross proceeds for CNY 70 million in round of funding on August 23, 2023. The transaction included the participation from new investor SZZT Electronics, still own 100% stake. The registered capital will increase from CNY 30 million to CNY 100 million.

The company held that the transaction has been approved 6th session of the company?s 6th directorate and the 6th session of the company?s 6th supervisory board.