Idemitsu Electronic Materials Korea Co., Ltd announced that it will receive CNY 76,398,425 in an equity round of funding on June 5, 2024. The transaction include the participation from new investor Xi'an Manareco New Materials Co.,Ltd., hold 20% sake in the company. The company's registered capital is CNY 21,325,000.

The transaction has been approved in the Company?s 3rd extraordinary meeting in 2024 of the 3rd board of directors of the company. The company pay for the capital increase amount after the signing of the agreement.