Anhui Xingxuan Catering Management Co., Ltd announced that it will receive CNY 50,000,000 on June 22, 2021. The transaction will include participation from returning investor, Tongqinglou Catering Co., Ltd., which will retain its 100% stake in the company. Pursuant to the transaction the registered capital of the company will increase from CNY 5,000,000 to CNY 55,000,000.

The transaction was approved in the 18th meeting of the 2nd supervisory board and 22nd meeting of the investor's 2nd directorate and is not subject to its shareholder's approval.