Seeta (Beijing) Technology Co., Ltd. announced that it has signed an investment agreement to issue shares for an aggregate gross proceeds of CNY 60,000,000 on March 22, 2024. The transaction will include participation from new investor Business-intelligence of Oriental Nations Corporation Ltd. The transaction has been approved in the 23rd Meeting of the Company?s 5th Directorate, and does not need the Shareholders? Approval.

The company raised money at a pre money valuation of CNY 280,000,000. Within 10 working days after the delivery conditions have been fulfilled, the Company must pay CNY 30,000,000.