Shanghai Anlogic Information Technology Co., Ltd. announced that it will receive CNY 20,000,000 in an equity round of funding in July 20, 2015. The transaction will involve participation from new investors Hangzhou Silan Microelectronics Co., Ltd. and Hangzhou Silan Venture Capital Co., Ltd., which will invest CNY 10,000,000 each in the transaction and will acquire 6% stake each in the company through this transaction. The investors will inject CNY 914,700 into the registered capital of the company and the remaining into the capital reserve of the company.

On the same date, the transaction was approved at the 26th session of the 5th directorate of Hangzhou Silan Microelectronics Co., Ltd. The company reported total assets of CNY 11,480,000, liabilities of CNY 12,010,000, net assets of - CNY 530,000, revenue of CNY 3,520,000, and net loss of -CNY 6,700,000 for the year ended December 31, 2014.