Kangping Muyuan Farming Co., Ltd. announced that it will receive CNY 280,000,000 in an equity round of funding on September 17, 2021. The transaction will include participation from returning investor Muyuan Foods Co., Ltd. to retain 100% stake in the transaction. The company will add CNY 140,000,000 to its registered capital. Post the closing the registered capital of the company will increase from CNY 220,000,000 to CNY 360,000,000. The transaction was approved in the 43rd meeting of Muyuan Foods Co., Ltd. 3rd directorate.