Alfa Electronics Co., Ltd. announced that it will receive CNY 5,390,624? in a round of funding on April 14, 2022. The transaction will include participation from WEN WEIZHANG for CNY 3,450,000, Shaanxi Pioneer Optoelectronics Integrated Technology Investment Partnership (Limited) for CNY 937,500?, Xi'an Zhongke Optical Machinery Investment Holding Co., Ltd. for CNY 300,000 and new investor, Shanghai Sinotec (Group) Co., Ltd. for CNY 703,124?.

The transaction has been approved in the 16th meeting of the second session of the supervisory committee.