Jiangsu Junhui Optoelectronic Technology Limited announced that it will receive KRW 53,049,500,000 from existing investor, Great Rich Technologies Limited (KOSDAQ:A900290) on November 23, 2016. The investor will continue to hold 100% stake in the company. The transaction was approved by the board of directors of the company. The transaction will take place in tranches by December 31, 2016.