Xilinhot Jingyuntong Ventilation Power Generation Co., Ltd announced a private placement of common shares for gross proceeds of CNY 506,000,000 on August 3, 2021. The transaction will include participation from Inner Mongolia Jidian Energy Co., Ltd., returning investors Beijing Jingyuntong Technology Co., Ltd. and Zhenjiang Tianhua Jiayuan Enterprise Management Consulting Center (Limited Partnership). As a result, the registered capital of the company will increase by CNY 506,000,000.

Upon completion, Inner Mongolia Jidian Energy Co., Ltd. will own 90% stake and Beijing Jingyuntong Technology Co., Ltd. will own 10% stake in the company.