Xihua Shuanghui Poultry Industry Co., Ltd. announced that it will receive CNY 1,440,000,000 in an equity round of funding from returning investor Henan Shuanghui Investment & Development Co.,Ltd. (SZSE:000895) on September 19, 2020. Post closing, investor will retain its 100% stake in the company. The transaction was board of directors of the investor at 29th meeting of 7th directorate and the 14th meeting of the 7th supervisory board and does not need the shareholders’ approval.