Beijing Ecordia Information Technology Co., Ltd. announced that it will receive CNY 5,000,000 in equity round of funding on December 18, 2023. The transaction include the participation from new investor Queclink Wireless Solutions Co., Ltd. The company CNY 349,595 will be added to registered capital and CNY 4,650,405 will be added to capital reserve. After capital increase, the registered capital is increase from CNY 26,261,556 to CNY 26,611,151.

The transaction has been approved by the company?s 4th board of directors during its 2nd meeting, and does not require approval by the company?s shareholders? meeting and does not require approval by concerned authorities. The company has raised CNY 3,806,000 as post money valuation.

The investor hold 1.31% stake in the company.