Guangdong Ro-Info Development Co., Ltd. announced that it will receive CNY 4,950,000 in equity round of funding from new investor SinoDaan Co., Ltd. (SZSE:300635) on January 13, 2019. The investor will hold 10% stake upon completion of transfer and capital increase. Of the gross proceeds, CNY 647,100 will go into registered capital and the rest will go into capital reserve. After increase, registered capital will be CNY 10,647,100. The transaction was approved by the 4th meeting of the 3rd directorate of investor. The transaction will be completed within 7 days after obtaining approval notice issued by the industrial and commercial department for the change of industrial and commercial investment and capital increase.