Nanchang Xiangda Camel Feed Co., Ltd. announced that it will receive CNY 68.550 million in an equity round of funding on January 22, 2024. The transaction will include participation from new investor, Tangrenshen Group Co., Ltd for 85.690% stake The capital increase price is CNY 1 per registered capital. The registered capital of the company will increase from CNY 11.450 million to CNY 80 million post-completion of the transaction.