Shucheng Yujing Real Estate Development Co., Ltd. announced that it will receive CNY 225,000,000 in its equity round of funding on December 20, 2019. The transaction include participation from returning investor China Fortune Land Development Co., Ltd. (SHSE:600340). Post-closing, the registered capital of the company is CNY 650,000,000. The transaction has been approved by the investor’s shareholder in its 14th Extraordinary General Meeting of Shareholders in 2019. Post-closing, the company is holding company of investor.