Shandong Sanzhen Electrics Co., Ltd. announced that it will receive KRW 5,852,000,000 in a round of funding on July 4, 2019. The transaction will include participation from existing investor THN Corporation (KOSE:A019180). Post the closing; the investor will retain its 100% stake in the company. The scheduled investment date is July 3, 2020. The transaction was approved by board of directors of the investor.