ELB International Ltd announced that it will receive $20 million in an equity round of funding on August 17, 2022. The transaction will include participation from Suzhou Etron Technologies Co.,Ltd. The transaction has been approved in the eighth meeting of the third board of directors and the eighth meeting of the third board of supervisors of investor. After the completion of the capital increase, the registered capital of ELB International Ltd. will be increased from $4.5 million to $24.5 million