Gansu Yasheng Tianrun Potato Industry Co., Ltd. announced a private placement of gross proceeds for CNY 130 million in round of funding on August 26, 2023. The transaction included the participation from returning investor Gansu Yasheng Industrial (Group) hold 100% stake. The registered capital is increased from CNY 100 million to CNY 230 million.

The company held that the transaction has been approved by the 19th session of the company?s 9th directorate and the 13th session of the company?s 9th supervisory board.