Weikede (Beijing) Information Technology Co., Ltd. announced that it will receive CNY 51,010,000 in an equity round of funding on December 10, 2015. The transaction will include participation from returning investors, Chuying Agro-pastoral Group Co., Ltd for CNY 26,010,000, Shenzhen Qianhai Junwei Investment Management Co., Ltd. for CNY 5,000,000, new investors, Jiang Wei for CNY 10,000,000, and Zhang Zexiang for CNY 10,000,000. The company has signed the investment agreement with the investors.

As part of the transaction, Shenzhen Qianhai Junwei Investment Management Co., Ltd. will acquire 0.90% stake, Jiang Wei will acquire 2% stake, and Zhang Zexiang will acquire 2% stake. Chuying Agro-pastoral Group Co., Ltd will maintain its stake at 51% in the company. Upon closing, the registered capital of the company will increase from CNY 20,000,000 to CNY 22,272,575.

The company reported revenue of CNY 2,600,400, net loss of CNY 2,173,700, total assets of CNY 24,270,800, and net asset of CNY 17,826,300 for the year ended December 31, 2014.