Wuhan Vanjee Optoelectronics Technology Co., Ltd. announced that it will raise CNY 270,000,000 in an equity round of funding on December 11, 2023. The transaction will include participation from returning investor Vanjee Technology Co., Ltd., to retain the majority stake in the company. The transaction has been approved by the 38th meeting of the investor company?s 4th Directorate.

After the transaction, Wuhan Vanjee Optoelectronics Technology Co., Ltd.'s registered capital will increase from CNY 30,000,000 to CNY 60,000,000.