Shenzhen Xinguodu Payment Technology Co., Ltd. announced that it will receive CNY 80,000,000 in an equity round of funding from returning investors XGD Inc. (SZSE:300130) on December 25, 2019. Pursuant to the transaction the registered capital of the company will increase from CNY 522,718,186 to CNY 602,718,186. Post the transaction the investor will retain 100% stake in the company. The transaction has been approved at the 40th meeting of the fourth directorate and the 37th meeting of the fourth board of supervisors of the investor, the parent of the company.