Zhejiang Fuchunjiang Photoelectric Science & Technology Co., Ltd. announced that it will receive CNY 320 million in an equity round of funding from returning investor Hangzhou Cable Co., Ltd. (SHSE:603618) on February 4, 2021. Of the total proceeds, CNY 100 million will be added as registered capital, and CNY 220 million as capital reserve. The transaction was approved by the board of directors of the investors at its 7th session of 4th directorate.