Guangdong Zhanjiang Leizhou Muyuan Agriculture and Animal Husbandry Co., Ltd. announced that it will receive CNY 190 million in an equity round of funding on September 12, 2020. The transaction includes participation from existing investor, Muyuan Foods Co., Ltd. (SZSE:002714) to retain its 100% stake in the company. The registered capital of the company will increase from CNY 110 million to CNY 300 million post closing of the transaction. The transaction has been approved at the 29th meeting of the third board of directors of the investor.