Heze City Shanxian Muyuan Agriculture and Animal Husbandry Co., Ltd. announced that it will receive CNY 350,000,000 in an equity round of funding from returning investor Muyuan Foods Co., Ltd. on April 29, 2021. Post closing, the registered capital of the company will increase from CNY 100,000,000 to CNY 450,000,000, and the investor will continue to hold 100% stake in the company. The transaction has been approved in the 37th meeting of the third board of directors of the investor, and is not subject to its shareholders' approval.