Shenzhen Lantaiyuan Information Technology Co., Ltd announced that it has signed an investment agreement to receive CNY 10 million in an equity round of funding on June 15, 2020. The transaction will include participation from Shenzhen Emperor Technology Co., Ltd. (SZSE:300546). Of the total capital increase, CNY 4.666667 million will go to registered capital of the company for 7.6923% stake. The transaction has been approved by the board of directors of the investor at the 12th session of the 4th directorate and the 11th session of the 4th supervisory board. The investor must pay the investment of CNY 5 million to the target within 10 days after signing of this agreement and the approval of the board of directors of the investor. The company should complete the registration procedures within 30 days after receiving the investment of CNY 5 million. The investor will pay the remaining amount of CNY 5 million within 10 days after the company completes the articles of association amendment and registration procedures for capital increase.