Hande VIE (Shanghai) Electric Control System Co., Ltd. announced that it will receive CNY 30,000,000 in a round of funding on March 23, 2022. The company will issue common shares in the transaction. The transaction will include participation from returning investors Zhejiang VIE Science & Technology Co., Ltd. and Haldex Brake Products AB for CNY 15,000,000 each.

The transaction was approved in the 15th session of Zhejiang VIE Science & Technology Co., Ltd's 5th directorate.