Foshan NationStar Semiconductor Technology Co., Ltd. announced that it will receive CNY 220,000,000 in an equity round of funding on March 4, 2021. The transaction will include participation from existing investor Foshan NationStar Optoelectronics Co.,Ltd (SZSE:002449) to retain its 100% stake in the company. Pursuant to the transaction, the registered capital of the company will increase from CNY 600,000,000 to CNY 820,000,000. The transaction has been approved at the 7th meeting of 5th board of directors of the company's parent.