Hangzhou Xiyu Real Estate Development Co., Ltd. announced that it will receive CNY 99,000,000 in an equity round of funding on October 31, 2020. The transaction will include participation from returning investor Cosmos Group Co., Ltd. (SZSE:002133) to retain its 100% stake in the company. Post completion of the transaction, the capital of the company will increase from CNY 1,000,000 to CNY 100,000,000. The transaction has been approved by the board of directors of Cosmos Group Co., Ltd. (SZSE:002133) in the 32nd meeting of the company’s 6th Directorate.