Heilongjiang Lindian Muyuan Agriculture and Animal Husbandry Co., Ltd. announced that it will receive CNY 650,000,000 in an equity round of funding on April 29, 2021. The transaction will include participation from returning investor Muyuan Foods Co., Ltd to retain its 100% stake in the company. Post completion of the transaction, the capital of the company will increase from CNY 300,000,000 to CNY 950,000,000. The transaction has been approved by the board of directors of Muyuan Foods Co., Ltd in the 37th meeting of the third board of directors.