COFCO Trust Co., Ltd. announced that it will receive CNY 1,600,000,000 in an equity round of funding on November 26, 2020. The transaction will include participation from existing investor COFCO Capital Holdings Co., Ltd. (SZSE:002423). Post completion of the transaction, the capital of the company will increase from CNY 2,300,000,000 to approximately CNY 2,831,000,000. The transaction has been approved by the board of directors of COFCO Capital Holdings Co., Ltd. (SZSE:002423) in the thirteenth meeting of the fourth board of directors.