Fuzhou Jump Smart Cards Co., Ltd. announced that it will receive CNY 132,353,700 in an equity round of funding from an existing investor, Sumavision Technologies Co., Ltd. on June 16, 2015. Upon closing, the registered capital of the company will increase from HKD 86,000,000 (CNY 67,646,300) to CNY 200,000,000. The transaction has been approved in the 17th session of the 3rd directorate of the investor.

The investor will maintain its stake at 100% in the company. The company reported total assets of CNY 107,257,412.92, total liabilities of CNY 45,422,040.58, net assets of CNY 61,835,372.34, revenues of CNY 30,263,898.41, and net loss of CNY 16,209,629.87 for the year ended December 31, 2014. The conversion was done through www.oanda.com on June 16, 2015.