Beijing Andawell Intelligent Technology Co., Ltd. announced that it has received CNY 15,000,000 in an equity round of funding on March 23, 2020. The transaction included participation from returning investor Beijing Andawell Science & Technology Co., Ltd. (SZSE:300719). The registered capital of the company has increased from CNY 5,000,000 to CNY 20,000,000. The transaction does not need approval from company’s board of directors.