Wuhu Anrui Optoelectronics Co., Ltd. announced that it will receive CNY 400,000,000 in an equity round of funding on December 5, 2017. The transaction will include participation from existing investor Sanan Optoelectronics Co.,Ltd (SHSE:600703). Post the closing, the registered capital will increase from CNY 260,000,000 to CNY 660,000,000. The transaction was approved at the 5th session of the 9th directorate meeting by the investor. The transaction does not need approval from the shareholder of the company.