Hefei Lvya Catering Management Co., Ltd. announced that it will receive CNY 25,000,000 in an equity round of funding from returning investor, Tongqinglou Catering Co., Ltd. (SHSE:605108) on June 22, 2021. Post closing, investor will retain its 100% stake in the transaction. The company's registered capital will increase from CNY 20,000,000 to CNY 45,000,000. The transaction has been approved at the investor's 22nd meeting of the 2nd directorate and do not need the shareholders’ approval.