Fujian Ruichuang Optoelectronics Technology Co., Ltd. announced that it will receive CNY 6 million in funding on August 20, 2021. The transaction will include participation from existing investor CASTECH Inc. which will invest CNY 4 million and increase stake from 60% to 61.29%. The transaction will include participation from management including Li Guangwei which will invest CNY 1.1 million for 3.55% stake, Zhang Lijuan which will invest CNY 0.2 million for 0.65% stake, Fang Zhihui which will invest CNY 0.2 million for 0.65% stake, Wu Xiangyou which will invest CNY 0.2 million for 0.65% stake, You Jing which will invest CNY 0.1 million for 0.32% stake, Zheng Aimei will invest CNY 0.1 million for 0.32% stake, and Qiu Xiujuan will invest CNY 0.1 million for 0.32% stake.

The transaction has been approved by CASTECH Inc.'s second meeting of the 6th board of directors. The other original shareholders of Fujian Ruichuang Optoelectronics Technology Co., Ltd.and the Fujian Institute of the Structure of Matter, Chinese Academy of Sciences waived the right to increase capital. After this capital increase, the registered capital of company will be changed from CNY 25 million to CNY 31 million.