Shanghai Feijia Industrial Co., Ltd. announced that it will receive CNY 900,000,000 in equity round of funding from existing investor Guangdong Marubi Biotechnology Co., Ltd. (SHSE:603983) on August 14, 2020. The registered capital will increase from CNY 5,000,000 to CNY 905,000,000 upon closing. The transaction has been approved in the 18th meeting of the 3rd directorate of Guangdong Marubi Biotechnology Co., Ltd. (SHSE:603983) and does not need its shareholder's approval.