Yunnan Teamgene Feed Co., Ltd. Ltd announced that it will receive CNY 110 million in an equity round of funding on November 21, 2022. The transaction will include participation from retuning investor Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd to retain 100% stake in the company. The transaction has been approved in the twelfth meeting of the first board of directors and the tenth meeting of the first board of supervisors.

After the capital increase is completed, the registered capital of company will increase from CNY 10 million to CNY 120 million.