Suken Rice Industry Co., Ltd announced that it will receive CNY 300,000,000 in equity funding from existing investor Jiangsu Provincial Agricultural Reclamation and Development Co.,Ltd. (SHSE:601952) on January 22, 2018. Post the completion, the company’s registered capital will increase from CNY 200,000,000 to CNY 500,000,000. The transaction has been approved at 2nd directorate’s 20th meeting of the investor and is subject to approval from its shareholders. Pursuant to the transaction, the investor shall continue to hold 100% stake in the company.