Angel E-commerce (Yichang) Co., Ltd. announced that it will receive CNY 9 million in a round of funding from Angel Yeast Co., Ltd (SHSE:600298) on September 22, 2017. On closing, the registered capital of the company will increase from CNY 1 million to CNY 10 million. The company will funding through increasing registered capital. The transaction was approved by the board of directors. The company held the 8th session of the 7th directorate meeting of the investor and is not subject to approval from its shareholders.