Neihuang County Muyuan Farming Co., Ltd. announced that it will receive CNY 510,000,000 in an equity round of funding on September 17, 2021. The transaction includes 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 220,000,000 to CNY 480,000,000 post closing of the transaction. The transaction has been approved at the 43rd Meeting of the 3rd Directorate of the investor.