Shenyang Hengjin Vacuum Technology Co., Ltd announced that it will receive CNY 10,000,000 in an equity round of funding on April 12, 2022. The transaction will include participation from Konfoong Materials International Co., Ltd for CNY 5,000,000, Ningbo Chuangrun New Materials Co., Ltd. CNY 1,000,000 and Beijing Tongchuang Purun Private Fund Management Co., Ltd CNY 4,000,000. The transaction was approved by the board of directors of the Konfoong Materials International Co., Ltd at its 20th session of 3rd directorate.