Chongqing WOTE Zhicheng New Material Technology Co., Ltd. announced that it will receive an equity round of funding on January 9, 2021. The transaction will include participation from returning Shenzhen WOTE Advanced Materials Co., Ltd and will retain its 100% stake in the company. The transaction has been approved in investors 26th meeting of the third board of directors and the 23rd meeting of the third board of supervisors.