Dongguan Juming Electronic Technology Co., Ltd. announced that it will receive CNY 60 million in an equity round of funding on December 4, 2020. The transaction will include participation from returning investor Shenzhen Hui Chuang Da Technology Co.,Ltd (SZSE:300909) and will retain its 100% stake in the company. Post the closing of the transaction, the registered capital of the company will increase from CNY 40 million to CNY 100 million. The transaction has been approved in investors 14th meeting of the second directorate.