Beijing Yuguang Technology Development Co., Ltd. announced that it will receive CNY 200,000,000 in an equity round of funding from new investor Goertek Inc. on May 20, 2022. After completion of the transaction, the investor will own 10.526% stake. The registered capital of the company will increase from CNY 191,463,000 to CNY 213,988,000.

The company registered capital will increase by CNY 22,525,000. This transaction was approved by Goertek Inc. in its 29th session of the 5th directorate and the 23rd session of the company's 5th supervisory board.