Xinjiang Tianrun Beiting Animal Husbandry Co., Ltd. announced that it will receive CNY 50,000,000 in its equity round of funding on January 21, 2020. The transaction will include participation from returning investor Xinjiang Tianrun Dairy Co., Ltd. (SHSE:600419). On closing, the investor retains its 100% stake in the company. Post-closing, the registered capital of the company will increase from CNY 60,000,000 to CNY 110,000,000. The transaction was approved by the board of directors of the investor in its 25th meeting of the 6th directorate. The transactions do not need approval from the shareholders’ meeting.