Shenzhen RGBDisplay Technology Co., Ltd. announced that it will receive CNY 1,041,000 in an equity round of funding on January 9, 2019. Te transaction will include participation from new investor Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) to acquire 51% stake in the company. Post the completion, the registered capital of the company will increase from CNY 1,000,000 to CNY 2,041,000. The transaction has been approved by board of directors at 9th meeting of 2nd directorate of the investor and need not shareholders’ approval.