Shandong Sanzhen Electrics Co., Ltd. announced that it will receive KRW 4,661,400,000 in a round of equity funding from existing investor THN Corporation (KOSE:A019180) on January 16, 2017. Post the closing, the investor will continue to retain its stake of 100% in the company. The transaction has been approved by the board of directors of the investor. The scheduled investment date is January 16, 2018.