Dongguan Luxshare Technology Co., Ltd. announced that it will receive CNY 82,740,000 in an equity round of funding on December 27, 2019. The transaction will include participation from returning investor Luxshare Precision Industry Co., Ltd. (SZSE:002475) for CNY 24,034,000, out of which CNY 12,200,000 will be added to registered capital, new individual investors Xue Haigao for CNY 31,608,700 for 3.63% stake, out of which CNY 16,045,000 will be added to registered capital, and Xiong Tengfang for CNY 27,097,400 for 3.11% stake, out of which CNY 13,755,000 will be added to registered capital of the company. Post transaction, the registered capital of the company will increase from CNY 400,000,000 to CNY 442,000,000, and Luxshare Precision Industry Co., Ltd. (SZSE:002475)'s stake in the company will change from 100% to 93.26%. The transaction has been approved in the 15th session of the 4th directorate of Luxshare Precision Industry Co., Ltd. (SZSE:002475).