Jiangsu Hengxin Technology Co., Ltd. announced that it has received $1 million in an equity round of funding from existing investor Hengxin Technology Ltd. on November 2, 2012. After the completion of the transaction the paid up capital of the company will be $49 million.

On January 7, 2013, Jiangsu Hengxin Technology Co., Ltd closed the transaction. The company received an additional investment of $4 million. The company will now have a paid up capital of $53 million. None of the directors, controlling shareholders or substantial shareholders have any interest, direct or indirect, in the investment.