On July 18, 2022, CECEP Solar Energy Co.,Ltd. closed the transaction. The company has issued 902,129,409 shares at an issue price of CNY 6.63 per share for total gross proceeds of CNY 5,981,117,981.67 in the transaction. After deducting the total issuance expenses of CNY 11,739,783.69 the net amount of funds raised is CNY 5,969,378,197.98.

The transaction included participation from returning investor China Energy Conservation and Environmental Protection Group Co., Ltd. for 282,986,425 shares for proceeds of CNY 1,876,199,997.75, CECEP Capital Holdings Limited for 31,040,723 shares for CNY 205,799,993.49, Caitong Fund Management Co., Ltd for 135,294,117 shares for proceeds of CNY 896,999,995.71, and other investors.