Qingdao Eastsoft Intelligent Electronics Co., Ltd. announced that it will receive CNY 370 million in an equity round of funding on September 29, 2020. The transaction will include participation from existing investor, Qingdao Eastsoft Communication Technology Co., Ltd. (SZSE:300183).The investor will retain its 100% stake in the company's equity. The registered capital of the company will increase from CNY 630 million to CNY 1,000 million post transaction. The transaction was approved at sixth meeting of the fourth board of directors.