On November 5, 2021, Tianshui Huatian Technology Co., Ltd. closed the transaction. The company issued 464,480,874 shares at a price of CNY 10.98 per share for gross proceeds of CNY 5,099,999,996.52. The transaction included participation from 20 investors including new investors National Integrated Circuit Industry Investment Fund Phase II Co., Ltd., a fund managed by Huaxin Investment Management Co., Ltd. for CNY 1,130,000,112 to acquire 3.21% stake, Guangdong Hengkuo Investment Management Co., Ltd. for CNY 397,999,998.54 to acquire 1.13% stake, Jiaxing Juli No.

7 Equity Investment Partnership (Limited Partnership), a fund managed by SDIC Juli Investment Management Co., Ltd. for CNY 340,999,996.68 to acquire 0.97% stake, Shaanxi Private Economy High Quality Development Relief Fund Partnership Enterprise (L.P.), a fund managed by Shaanxi Investment Fund Management Co., Ltd. for CNY 299,999,995.92 to acquire 0.85% stake, and returning investor GTJA Innovation Investment Co., Ltd. for CNY 201,999,993.30. Post closing, GTJA Innovation Investment Co., Ltd. holds 0.61% stake in the company. The company incurred issuance expenses of CNY 52,419,321.51 and raised net proceeds of CNY 5,047,580,675.01.