Shangshui County Muyuan Meat Food Co., Ltd. announced that it will receive CNY 550,000,000 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 130,000,000 to CNY 410,000,000 post closing of the transaction. The transaction has been approved at the 43rd Meeting of the 3rd Directorate of the investor.