Shareholders Meeting

On June 30, 2017, Shenzhen Laun Technology Co., Ltd. held a shareholder meeting and decided to change the Shenzhen Laun Technology Company as a whole to Shenzhen Laun Technology Co., Ltd; And completed registration on August 9, 2017 in Shenzhen Municipal Market Supervision Administration, marking the success of the company's shareholding system reform, establish a modern enterprise system, standardizing corporate governance structure, improve the corporate management, allowing companies to enter the capital market for capital operations, using financial tools for resource integration, Promote continuous and rapid development of the enterprise.

In July of the same year, the well-known institutional shareholder Cowin Capital Group led the completion of the A round of financing, a total of 47 million yuan; With the A round of financing bringing high-quality institutional shareholders, the company’s business scale has also grown rapidly.

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