Qujing Lintie Technology Co., Ltd. announced that it will receive CNY 50,000,000 in an equity round of funding on May 12, 2019. The transaction will include participation from returning investor Shenzhen Dynanonic Co., Ltd (SZSE:300769) for CNY 10,000,000 and new investor Contemporary Amperex Technology Co., Limited (SZSE:300750) for 40,000,000. Post closing, the registered capital of the company will increase from CNY 50,000,000 to CNY 100,000,000.

The investors Shenzhen Dynanonic Co., Ltd (SZSE:300769) invested CNY 60,000,000 in the company totally represents 60% stake and Contemporary Amperex Technology Co., Limited (SZSE:300750) invested CNY 40,000,000 represents 40% stake in the company after this capital increase. The transaction was approved in the 16th meeting of the 2nd board of director's of the Shenzhen Dynanonic Co., Ltd (SZSE:300769)