Tongxu Muyuan Farming Co., Ltd. announced that it will receive CNY 50,000,000 in a round of equity funding on January 23, 2017. The transaction will include participation from returning investor Muyuan Foods Co.,Ltd. (SZSE:002714) to maintain its 100% stake in the company after the transaction. The transaction has been approved at the 51st meeting of the 2nd directorate of the investor and also need its shareholders’ approval.