Chengdu Dekun Aviation Equipment Manufacturing Co., Ltd. announced that it will receive CNY 150,000,000 in equity round of funding from existing investor Chengdu Leejun Industrial Co., Ltd. (SZSE:002651) on December 30, 2019. The registered capital will increase by CNY 50,000,000 from CNY 50,000,000 to CNY 100,000,000 and capital reserve will increase by CNY 100,000,000. Post the closing of the transaction, the investor will continue to hold 100% stake in the company. The transaction has been approved by 15th meting of the 4th directorate and the 9th meeting of the 4th supervisory board of the investor and subject to its shareholder's approval in its 1st extraordinary general meeting of 2020 to be held on January 16, 2020.