Hubei Sunnypol Optoelectronics Co., Ltd. announced that it will raise CNY 305 million in an equity round of funding on October 12, 2023. The transaction will include participation from new investor, Shenzhen Heneng No.1 Investment Partnership Enterprise (Limited Partnership) for CNY 230 million and 75.4098% stake and returning investor, Shenzhen Sunnypol Optoelectronics Co.,Ltd. for CNY 75 million and 24.5902% stake post completion of the transaction. The transaction has been approved by the 3rd session of the company?s 5th directorate for 2023 of Shenzhen Sunnypol Optoelectronics Co.,Ltd.