Jiangxi Jingchao Optical Co., Ltd. announced that it will receive CNY 900,000,000 in an equity round of funding on February 11, 2022. The transaction will include participation from returning investor, OFILM Group Co., Ltd. Post the closing, the investor will hold 97% stake in the company. Post the closing the registered capital of the company will increase from CNY 100,000,000 to CNY 1,000,000,000.

The transaction has been approved at the 4th session of the investor's 5th directorate.