Hunan Development Yiyuan Natural Resources Development Co., Ltd announced that it will receive CNY 200,000,000 in an equity round of funding on September 23, 2021. The transaction will include participation from returning investor Hunan Development Group Co.,Ltd to retain 100% stake in the company. Post the closing of the transaction, the registered capital of the company will increase from CNY 400,000,000 to CNY 600,000,000.

The transaction was approved 13th meeting of the company's tenth board of directors of the investor.