Hongkong Dongshan Precision Union Opoelectronic Co., Ltd. anounced that it will receive $51 million in an equity round of funding from existing investor, Suzhou Dongshan Precision Manufacturing Co.,Ltd on January 12, 2014. The investor will continue to hold 100% stake in the company. On the same date, the transaction was approved at the 2nd session of the 3rd directorate of the investor.

The transaction still needs to be approved by the shareholders of the investor.