Avary International Co., Ltd. announced that it will receive HKD 377.145 million (TWD 1500 million) in an equity round of funding from returning investor Avary Holding (Shenzhen) Co., Limited (SZSE:002938) on August 13, 2019. Post to the transaction, the investor will retain 100% stake in the company. The transaction has been approved in 25th meeting of the first directorate of the investor and does not need its shareholder's approval.