OPD Servo Motor & Energy Saving System Co., Ltd. announced that it expects to receive funding from Hanyu Group Joint-Stock Co., Ltd.

Hanyu Group Joint-Stock Co., Ltd., formerly Jiangmen iDear-Hanyu Electrical Joint-Stock Co., Ltd., is a China-based company principally engaged in the research, development, production and sale of drainage pumps for household appliances. The Company's main products include universal drainage pumps, dedicated drainage pumps, condensate pumps and washing cycle pumps. The Company's products are mainly used in tube washing machines, dishwashers, agitated washing machines, condensing dryers and some of the pulsator washing machines. Through its subsidiaries, the Company is also involved in the sale of spa toilets, as well as the development, production, sale and application services of special engineering plastics poly aryl ether sulfone. The Company distributes its products in domestic market and to overseas markets.