Zhuhai Sunshine Global Circuits Co., Ltd. announced that it will receive CNY 120,000,000 in an equity round of funding from existing investor, Sunshine Global Circuits Co.,Ltd. on August 25, 2022. Post closing, the registered capital of the company will increase from CNY 80,000,000 to CNY 200,000,000. The transaction has been approved in the ninth meeting of the third board of directors.

The transaction does not need to be submitted to the company's general meeting of shareholders for deliberation.