Jilin Shuangliao Muyuan Farming Co., Ltd. announced that it expects to receive CNY 220 million in funding from Muyuan Foods Co., Ltd.
Jilin Shuangliao Muyuan Farming Co., Ltd. announced that it will receive CNY 220,000,000? in an equity round of funding on September 17, 2021. The transaction included participation from returning investor, Muyuan Foods Co., Ltd. to retain its 100% stake in the company. The registered capital of the company will increase from CNY 135,000,000? to CNY 250,000,000 post closing of the transaction. The transaction has been approved at the 43rd Meeting of the 3rd Directorate of the investor.