YTO Express Co., Ltd. announced that it will receive CNY 3,767,708,821 in an equity round of funding on December 7, 2021. The transaction will include participation from existing investor YTO Express Group Co., Ltd. to retain its 100% stake in the company. As a part of the transaction, CNY 353,654,399 will go into registered capital and CNY 3,414,054,423 will go into capital reserve. Post-completion of the transaction, the registered capital of the company will increase from CNY 821,221,341 to CNY 1,174,875,740. The transaction has been approved by the 20th meeting of the 10th Board of Directors of the investor and is not subject to shareholder approval.