Zhongshan Mulinsen Electronics Co., Ltd. announced that it will raise CNY 1,795 million in equity round of funding on January 29, 2019. The transaction will include participation from returning investor MLS Co., Ltd. (SZSE:002745). Post transaction, the registered capital of the company will increase from CNY 5 million to CNY 1,800 million. The transaction was approved by the 31st meeting of the 3rd directorate of the investor. Post the closing, the investor will continue to retain its stake of 100% in the company.