Xinjiang Tianrun Beiting Animal Husbandry Co., Ltd. announced that it will receive an equity round of funding for gross proceeds of CNY 397.25 million on January 26, 2022. The transaction will include participation from returning investor Xinjiang Tianrun Dairy Co., Ltd. Post the closing, registered capital will increase from CNY 110 million to CNY 507.25 million. The transaction was approved by the board of directors of the investor in its 17th session of the company's 7th directorate and the 11th session of the company's 7th supervisory board.