Clickplus announced a private placement of shares of gross proceeds of CNY 12,000,000 on January 19, 2018. The transaction will include participation from new investor Keda Group Co., Ltd. (SHSE:600986). The transaction has been approved at the 8th directorate meeting of the investor. Out of total proceeds raised CNY 2,500,000 will be added to registered capital of the company and CNY 9,500,000 will be added to capital reserve. Post the closing the investor will hold 20% stake in the company and will appoint one director in the company. The company reported total assets of CNY 1,206,800, net assets of CNY -4,465,100, revenue of CNY 653,600, and net profit of CNY -7,687,200 for the year ended December 31, 2017.