Chenming Electronic (Ningbo) Co., Ltd. announced that it will receive $1,700,000 in an equity round of funding on March 17, 2021. The transaction will include participation from existing investor Chenming Electronic Technology Corporation (TSEC:3013). The registered capital of the company is $64,500,000. The company has received $20,710,000 in funding till date. The transaction has been approved by the board of directors of Chenming Electronic Technology Corporation (TSEC:3013), the parent of the company.