NCS Testing Technology Co., Ltd. announced that it will receive CNY 300 million in funding on April 20, 2022. The company will issue A share which will not be more than 20% of net assets. The transaction has been approved by the board of directors and need approval from shareholders.

The issue price shall not be lower than 80% of the average stock price of the company in the 20 trading days prior to the pricing benchmark date.