Fuzhou Rockchip Electronics Co.,Ltd. (SHSE:603893) announced a private placement of common shares on November 12, 2018. The transaction involved participation from new investors Summitview Capital for 5.29%, China Integrated Circuit Industry Investment Fund Co., Ltd., a fund managed by Huaxin Investment Management Co., Ltd. for 7%, Fortune Venture Capital Co., Ltd. for 1.41% stake, several government funds and venture capital firms.