Guangzhou Shunwei New Energy Vehicles Co., Ltd. announced that it will receive CNY 20 million in an equity round of funding on April 18, 2024. The transaction will include participation from returning investor Guangdong Sunwill Precising Plastic Co.,Ltd. The company's registered capital is increase from CNY 210 million to CNY 230 million. The transaction has been approved by the seventh meeting of the sixth board of directors and the fifth meeting of the sixth board of supervisors in the company.