Dali Muyuan Livestock Co., Ltd. announced a private placement of CNY 140,000,000 on January 15, 2018. The transaction will involve participation from existing investor, Muyuan Foods Co.,Ltd. (SZSE:002714).The company will issue common stock in the transaction. The transaction was approved in the 69th session of the company’s 2nd directorate. Pursuant to the transaction, the capital of the company will increase from CNY 20,000,000 to 160,000,000.