Beijing Changfeng Kewei Optoelectronics Technology Co., Ltd announced that it will receive CNY 124,312,100 in an equity round of funding through capital increase on September 15, 2023. The transaction has been approved at 3rd session of the company?s 10th supervisory board. The transaction included participation from returning investors Beijing Aerospace Changfeng Co.,Ltd for CNY 118,296,000, Beijing Institute of Remote Sensing Equipment CNY 3,315,000, Beijing Languang Tiandun Infrared Optoelectronics High Technology Research Institute for CNY 2,701,100 for 95.16%,2.67% and 2.17% respectively.

The company capital will increase by CNY 6,997,152 from CNY 20,250,000 to CNY 27,247,152. The capital increase price is CNY 17.7661 per CNY 1 registered capital.