Germany CWB Electronics Co., Ltd. announced it will receive €9 million in an equity round of funding on September 14, 2021. The transaction will include participation from returning investor CWB Automotive Electronics Co., Ltd. to retain 100% stake in the company. The transaction was reviewed and approved at the fourth meeting of the second board of directors of the investor and does not need to be submitted to the investor's shareholders meeting for deliberation but still need to be filed or approved by the relevant competent authorities.