Beijing Sunshine Tianyu Technology Co., Ltd. announced that it has signed a capital increase agreement and will receive CNY 50 million in an equity round of funding from new investor, Daoming Optics and Chemical Co., Ltd. on January 18, 2016. The investor will acquire 20% stake in the company through this transaction. The transaction has been approved by the 20th meeting of the 3rd directorate of the investor and does not need its shareholders' approval.

Upon completion, the registered capital of the company will increase from CNY 19 million to CNY 23.75 million.