Dongguan Tianjie Supermarket Co., Ltd. announced that it will receive CNY 44.50 million in equity round of funding on December 6, 2023. The transaction include the participation from returning investor Shenzhen Renrenle Commercial Group Co., Ltd., for hold 100% stake in the company. The registered capital of a company is CNY 5 million.

The transaction has been approved at the 5th session of the company?s 6th directorate and the company still needs to be approved by the company?s shareholders? meeting.