Zhejiang Tiantai Xianghe Electronic Material Co., Ltd. announced that it will receive CNY 4,200,000 in an equity round of funding from returning investor Zhejiang Tiantai Xianghe Industrial Co.,Ltd. on January 25, 2022. Post closing, the registered capital of the company will increase from CNY 12,500,000 to CNY 16,700,000, and the investor's stake in the company will increase from 60% to 70.06%. The transaction has been approved in the 4th session of the 3rd directorate of the investor.