Shanghai Shenyou Bio Technology Co., Ltd. announced that it has received CNY 85.10 million in funding from Hunan China Sun Pharmaceutical Machinery Co., Ltd, Shenzhen Hengjian Yuanzhi Investment Partnership (Limited Partnership), and Shanghai Jiazhen Investment Center (limited partnership).

On October 21, 2015, Shanghai Shenyou Bio Technology Co., Ltd. closed the transaction. The company completed the registration modification procedures and obtained the business license issued by the Administration for Industry and Commerce of Shanghai.