HEKEDA (Guangzhou) Technology Co., Ltd announced an equity private placement for gross proceeds of not more CNY 40,000,000 from returning investor Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd. on July 15, 2021. On post completion, the investor will retain 100% stake in the company and registered capital of company will be increased from CNY 10,000,000 to CNY 50,000,000. The transaction has been approved by the board of directors of the company at the 8th Meeting of the 3rd directorate and by the 3rd supervisory board and does not need the shareholder’s approval.