Jilin Meihua Amino Acid Co., Ltd announced that it will raise CNY 500 million of equity funding from returning investor MeiHua Holdings Group Co.,Ltd (SHSE:600873) on February 27, 2018. As a result of the transaction, the company’s share capital will increase from CNY 500 million to CNY 1 billion. The investor will continue to hold 100% stake in the company post the transaction. The transaction has been approved at the investor’s 12th meeting of the 8th directorate.