Jiangsu Bright Yinbao Dairy Co., Ltd. announced that it will receive CNY 100,000,000 in an equity round of funding on December 10, 2020. The transaction will include participation from returning investors Bright Dairy & Food Co.,Ltd (SHSE:600597) for CNY 51,000,000 to retain its 51% stake and Jiangsu Yinbao Holding Group Co., Ltd. for CNY 49,000,000 to retain its 49% stake. Post completion of the transaction, the capital of the company will increase from CNY 200,000,000 to CNY 300,000,000. The transaction has been approved by the board of directors of Bright Dairy & Food Co.,Ltd (SHSE:600597) in the 51st Meeting of the Sixth Board of Directors.