Nanning Xixiang Tangmuyuan Agriculture and Animal Husbandry Co., Ltd. announced that it will receive CNY 240 million in an equity round of funding from existing investor, Muyuan Foods Co., Ltd. to retain its 100% stake in the company on April 29, 2021. The registered capital of the company will increase from CNY 200 million to CNY 440 million post closing of the transaction. The transaction has been approved at the 29th meeting of the third board of directors of the investor.