Beijing E-Techstar Co.,Ltd. (SZSE:300513) announced that it will receive not more than CNY 600,720,000 in an equity round of funding on September 18, 2019. The company will issue A shares in the transaction to not more than 5 investors. The issue volume will not exceed 20% of the company's total capital prior to the issuance. All securities issued in the transaction are subject to a hold period of 12 months from the date of issuance. The transaction has been approved in the 19th session of the company’s 3rd directorate and is subject to approval from the shareholder's meeting and China Securities Regulatory Commission.