Binzhou Yisheng Breeding Poultry Co., Ltd. announced that it will raise CNY 89.90 million in a round of funding on October 28, 2022. The transaction included participation from new investor, Modern Seed Industry Development Fund Co., Ltd., a fund managed by Beijing Shining Investment Management Company Ltd. by investing CNY69.90 million for 37.81% stake and returning investor, Shandong Yisheng Livestock & Poultry Breeding Co., Ltd. by investing CNY20 million for 10.82% stake.