Xinjiang Tianao Animal Husbandry Co., Ltd. announced that it will receive CNY 70 million in funding on April 28, 2022. The transaction will include participation from existing investor Xinjiang Tianrun Dairy Co., Ltd. which will continue to own 100% stake in the company. The registered capital of the company will increase from CNY 300 million to CNY 370 million.

The second meeting of the strategy committee of the seventh board of directors of the investor approved the transaction.