Dongguan Hangsheng New Energy Materials Co., Ltd. announced that it has received CNY 30 million in funding from Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd.

On January 7, 2019, Dongguan Hangsheng New Energy Materials Co., Ltd. closed the transaction. The company has completed industry and commerce registration modification procedures of the above capital increase and received the renewed business license issued Dongguan Administration for Industry and Commerce.