Beijing Capital Investment Land Real Estate Co., Ltd. announced that it will receive CNY 15 billion in equity round of funding on November 24, 2021. The transaction will include participation from existing investor Metro Land Corporation Ltd. to retain its 100% stake. Upon closing, the registered capital of the company will increase from CNY 5 billion to CNY 20 billion. The transaction has been approved in the ninth meeting of the company's eleventh session of the board of directors and still needs to be submitted to the company's general meeting of shareholders.