Ganzhou TXD Electronic Technology Co., Ltd. announced that it will receive CNY 212,351,493.63 in an equity round of funding on June 11, 2021. The transaction will include participation from returning investor, Shenzhen TXD Technology Co., Ltd. to maintain its 100% stake in the company. Post the closing, the registered capital will increase from CNY 500,000,000 to CNY 1,300,000,000.

The transaction has been approved at the 10th meeting of the investor's 3rd directorate and is subject to shareholder's approval.