Tianjin Jenkem Technology Co., Ltd. announced that it will receive CNY 50,000,000 in an equity round of funding on December 10, 2020. The transaction will include participation from returning investor Jenkem Technology Co., Ltd. (SHSE:688356) which will continue to own 100% stake. The transaction has been approved by board of directors in its 6th Meeting of the 2nd Supervisory Board of the company's parent.