Likang Pharmaceutical Technology Jiangsu Co., Ltd. announced that it will receive CNY 269,770,000 in an equity round of funding from existing investor Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. (SZSE:002223) on January 29, 2019. The transaction has been approved at 19th meeting of the 4th directorate and in the 5th extraordinary meeting of the 4th board of supervisors of the investor. Post the closing, the registered capital of the company will increase from CNY 100,000,000 to CNY 369,770,000.