Heilongjiang Xinhua Bookstore Group Co., Ltd. announced that it will receive CNY 66,376,025.49 in an equity round of funding from returning investor Heilongjiang Publishing & Media Co., Ltd. on December 15, 2021. Post to the closing, the registered capital of the company will increase from CNY 1,139,979,263.09 to CNY 1,206,355,288.58, and investor will remain its stake. The transaction was approved by the board of directors of the investor at its third meeting of the third directorate and the third meeting of the third board of supervisors.