AVIC Taiyuan Aviation Instrument Co., Ltd. announced that it will receive CNY 50,000,000 in an equity round of funding from returning investor China Avionics Systems Co.,Ltd. on October 29, 2021. Post closing, the registered capital of the company will increase from CNY 280,000,000 to CNY 330,000,000, and the investor will continue to hold 100% stake in the company. The transaction has been approved in the the sixth meeting of the seventh board of directors of investor, and is not subject to its shareholders' approval.