Qinghai Electronic Materials Industry Development Co., Ltd. announced that it will receive CNY 380,000,000 in an equity round of funding from returning investor Nuode Investment Co.,Ltd (SHSE:600110) on January 21, 2021. The transaction was approved in the 34th meeting of the board of directors and the 13th Meeting of the ninth of supervisors of investors and does not need to be submitted to the shareholders meeting.