Wuhan Puchang Intelligent Technology Co., Ltd. announced that it will raise CNY 20,000,000 in a round of funding on June 20, 2024. The transaction included participation from new investor Zhejiang Meili High Technology Co., Ltd. for 16.67% stake. The company's registered capital will increase from CNY 10,606,000 to CNY 12,727,200.

The transaction has been raised at a pre money valuation of 100,000,000.