Jiangxi Huabao Peacock Food Technology Development Co., Ltd. announced that it will receive CNY 200 million in a round of funding from returning investor Huabao Flavours & Fragrances Co., Ltd. (SZSE:300741) on June 5, 2018. Post closing, the company's registered capital increases from CNY 100 million to CNY 300 million and the investor will retain 100% stake in the company. The transaction has been approved at the 17th session of the 1st directorate meeting and 9th session of the 1st supervisory board meeting of the investor. The company reported total assets of CNY 26.6831 million and net loss of CNY -1.4306 million as of December 31, 2017.