Fujian Shunyue Technology Co., Ltd. announced that it will raise CNY 96,672,753.03 in an equity round of funding on August 28, 2023. The transaction will include participation from returning investor, Zhejiang Dayang Biotech Group Co., Ltd. which hold 96% stake in the company. The company's registered capital will increase from CNY 45,000,000 to CNY 50,000,000.

The transaction has been approved by the 13th Meeting of the Company?s 5th Directorate and the 9th Meeting of the 5th Supervisory Board.