Beijing Kechuang Space Investment And Development Co., Ltd. announced that it will receive CNY 20,000,000 in its equity round of funding on March 19, 2020. The transaction will include participation from returning investors Beijing Electronic Zone Investment and Development Group Co., Ltd. (SHSE:600658) for CNY 10,000,000 to retained 50%,Beijing Electronics Holding Co., Ltd. for CNY 4,000,000 to retained 20%, Beijing Yingrun Fund Management Center (Limited Partnership) for CNY 3,000,000 to retained 15% and 58 Co., Ltd. for CNY 3,000,000 to retained 15%. Post-closing, registered capital of the company will increase from CNY 30,000,000 to 50,000,000. The transaction has been approved by the board of director of Beijing Electronic Zone Investment and Development Group Co., Ltd. (SHSE:600658) in its 15th meeting of the 11th directorate.