Shandong Linyi Muyuan Agriculture and Animal Husbandry Co., Ltd. announced that it will receive CNY 30,000,000 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 70,000,000 to CNY 100,000,000. 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.