Huzhou Jinguan Hongtu Membrane Technology Co., Ltd. announced that it has signed an investment agreement with new investor Myungsung TNS Co., Ltd for an equity round of funding on January 9, 2020. Pursuant to the transaction the investor will own not more than 40% stake in the company. The transaction has been approved by Jilin Jinguan Electric Co., Ltd. in its 4th session of the 5th directorate.