Chongqing Zhengchuan Yongcheng Pharmaceutical Materials Co., Ltd. announced that it will receive CNY 398,028,773.58 in an equity round of funding on May 24, 2021. The transaction will include participation from returning investor ChongQing Zhengchuan Pharmaceutical Packaging Co.,Ltd. (SHSE:603976) to retain its 100% stake in the company. Post closing of the transaction, the capital of the company will increase from CNY CNY 341,700,900 to CNY 739,729,700. The transaction has been approved by the board of directors of the investor at the 12th session of the its 3rd supervisory board.