Shanghai Yuexin Zhenjian Electronic Technology Co., Ltd. announced that it expects to receive CNY 200 million in an equity round of funding on March 3, 2014. The transaction will include participation from existing investors, Shanghai Luxin Packing Materials Science and Technology Co., Ltd., Shantou Dongfeng Printing Co., Ltd., and individual investor, Long Gongyun. The investors will invest in the respective ratios of their holding in the company.

Shantou Dongfeng Printing Co., Ltd. will invest CNY 80 million in the transaction and will continue to hold 40% stake in the company. Shanghai Luxin Packing Materials Science and Technology Co., Ltd. will continue to hold 50.10% stake and Long Gongyun will continue to hold 9.90% stake in the company. The registered capital of the company will increase to CNY 300 million upon completion of the transaction.

On the same date, the transaction was approved at the 27th session of the 1st directorate meeting of Shantou Dongfeng Printing Co., Ltd.