Dongyuan Dongrui Agriculture and Animal Husbandry Development Co., Ltd. announced it has raised CNY 150,000,000, in an equity round of funding on August 30, 2023. The transaction involved participation from returning investor Dongrui Food Group Co., Ltd. The registered capital will increase from CNY 550,000,000 to CNY 700,000,000. This will be completed before December 31, 2023.

The transaction has been approved in the 6th Meeting of the Company?s 3rd Directorate held on August 30, 2023, and does not need the Shareholders? Approval.