Qinghai Huzhu Barley Wine Sales Co., Ltd. announced that it will receive CNY 60,000,000 in an equity round of funding from returning investor Qinghai Huzhu Barley Wine Co.,Ltd. on August 25, 2021. The transaction was approved by the board of directors of the investor at its 16th meeting of the 4th directorate and the 10th meeting of the 4th Board of Supervisors. Post to the closing, the registered capital of the company will increase from CNY 85,866,000 to CNY 145,866,000.