Beijing Harry Sky Dream Technology Co., Ltd. announced that it has signed a purchase agreement to receive CNY 30,000,000 in a equity round of funding on June 1, 2024. The transaction will include participation from new investor Jiangsu Zhanggu LIPORI Power Technology Co.,Ltd. for CNY 10,000,000, and returning investor Shandong Zhangqiu Blower Co., Ltd for CNY 20,000,000. From the total funds raised CNY 5,384,600 will be added to the registered capital of the company.

Post-completion, the registered capital of the company will increase from CNY 10,000,000 to CNY 15,384,600, and Shandong Zhangqiu Blower Co., Ltd will hold 23.33%, and Jiangsu Zhanggu LIPORI Power Technology Co.,Ltd. will hold 11.67% stakes in the company. This has been approved in the 16th Meeting of the 5th Board of Directors of Shandong Zhangqiu Blower Co., Ltd, and does not require deliberation by shareholders? meeting.

The investors shall complete the actual capital contribution obligation in one lump sum within 10 working days after the signing of the capital increase agreement.