Danzhou Lawton Digital Sports Co., Ltd. announced that it will receive CNY 40,000,000 in equity round of funding from existing investor Lawton Development Co., Ltd. (SHSE:600209) on November 30, 2020. The registered capital will increase from CNY 10,000,000 to CNY 50,000,000 and investor will continue to own 100% stake in the company. The transaction has been approved by the 2nd meeting of the 8th directorate and the 2nd meeting of the 8th spervisory board of the company and does not need shareholder's approval.