Longping Biotechnology (Hainan) Co., Ltd. announced that it will receive CNY 97,000,000 in an equity round of funding on February 9, 2021. The transaction will include participation from Xinyangfeng Agricultural Technology Co., Ltd. (SZSE:000902) for CNY 50,000,000 for 8.38%, Jiang Rendei for CNY 25,000,000 for 4.19%, and Huzhou Jiushuo Equity Investment Partnership (Limited Partnership) for CNY 22,000,000 for 3.68% stake in the company. As a part of the transaction, CNY 9,700,000 will go to the registered capital. The company has signed an agreement with the investors. Pursuant to the transaction, the registered capital of the company will increase from CNY 50,000,000 to CNY 59,700,000.