Intretech (Hk) Co., Limited announced that it will receive $3,000,000 (CNY 20,645,400) in an equity round of funding on August 16, 2018. The transaction will involve participation from returning investor Xiamen Intretech Inc. (SZSE:002925). The investor will retain 100% stake in the company. The transaction has been approved in the 10th meeting of the company’s 3rd directorate and does not need the shareholders’ approval. Post the transaction, the total registered capital will increase from $2,000,000 (CNY 13,763,600) to $5,000,000 (CNY 34,409,000 The company reported total assets of CNY 90,125,564.33, net assets of CNY 12,600,146.52, revenue of CNY 250,943,448.79, and net profit of CNY -893,780.87 for the year ended December 31, 2017.