Ningjin County Muyuan Agriculture and Animal Husbandry Co., Ltd. announced that it will receive CNY 500,000,000 in an equity round of funding from returning investor Muyuan Foods Co., Ltd. (SZSE:002714) on April 29, 2021. Post closing, the registered capital of the company will increase from CNY 120,000,000 to CNY 620,000,000, and the investor will continue to hold 100% stake in the company. The transaction has been approved in the 37th meeting of the third board of directors of the investor, and is not subject to its shareholders' approval.