Shiyan Jiaruihe Traditional Chinese Medicine Co., Ltd announced that it will raise CNY 7 million in an equity funding on April 12, 2024. The transaction will include participation from returning investors, Tibet Duo Rui Pharmaceutical Co., Ltd. will invest CNY 4.47 million and increase its stake from 51% stake to 60% stake and Shiyan Shenqi Agricultural Development Co., Ltd. will invest CNY 2.53 million and increase its stake to 40% stake.