JSTI (Nanjing) Engineering Inspection Consulting Co., Ltd. announced that it will receive $20,404,500 in an equity round of funding on December 23, 2020. The transaction will include participation from returning investors JSTI Group (SZSE:300284) for $10,404,500, and JSTI International Co., Ltd. for $10,000,000, to retain 51% and 49% stake in the company, respectively. Post closing, the registered capital of the company will increase to $61,224,500. The transaction has been approved in the twentieth meeting of the fourth board of directors of JSTI Group (SZSE:300284), and is not subject to its shareholders' approval.