Beijing Sangpu Xinyuan Technology Co., Ltd. announced that it will receive CNY 190,000,000 in an equity round of funding on September 18, 2020. The transaction will involve participation from returning investor Beijing ConST Instruments Technology Inc. (SZSE:300445). The investor will continue to retain its 100% stake in the company. Post completion of the transaction, the registered capital of the company will increase from CNY 100,000,000 to CNY 290,000,000. The transaction has been approved at the 4th session of the 5th directorate and the 4th session of the 5th supervisory board of the investor.