Shangri-La Bowin Food Co., Ltd. announced that it will raise CNY 20 million in an equity round of funding on January 17, 2022. The transaction include participation form returning investor Yunnan Bowin Technology Industry Co.,Ltd for 100% stake. The investor will still hold 100% stake after completion of the transaction.

The company's registered capital will be CNY 30 million after completion of the transaction. The transaction was approved by the board of directors in its 5th meeting of the 11th board of directors of the company.