Keshun Waterproof Technology Co., Ltd. (SZSE:300737) announced that it has entered into a share subscription contract for a private placement of not more than 30,000,000 A shares at a price of CNY 9.77 per share for gross proceeds of not more than CNY 293,100,000 with Chen Weizhong; chairman of the company on March 2, 2020. The securities are subject to a hold period of 36 months from the issuance closing date.