Haian Muyuan Agriculture and Animal Husbandry Co., Ltd. announced that it will issue CNY 50,000,000 in an equity round of funding on October 27, 2023. The transaction includes participation from returning investor Muyuan Foods Co., Ltd. The transaction was approved by the board of directors in its 22nd session of the company?s 4th directorate. After completion of the transaction the company's registered capital will increase from CNY 150,000,000 to CNY 200,000,000.