Guifaxiang 18th Street Mahua Food (Tianjin) Co., Ltd. announced that it will receive CNY 100,000,000 in an equity round of funding on January 20, 2017. The transaction will include participation from returning investor Tianjin Guifaxiang 18th Street Mahua Food Co., Ltd. (SZSE:002820) to increase its stake from 90% to 93.33% in the company after the transaction. The transaction was approved at 8th meeting of the 2nd directorate and the 5th meeting of the 2nd supervisory board of the investor and does not need its shareholders’ approval. The registered capital of the company will increase from CNY 100,000,000 to CNY 200,000,000.