On April 16, 2024, Shanghai SK Automation Technology Co., Ltd. closed the transaction. The company has issued 12,645,467 shares at issue price of CNY 50.01 per share for gross proceeds of CNY 632,399,804.67, after deducting issuance expenses of CNY 12,727,420.00 (excluding value-added tax), the net proceeds from the issuance amount to CNY 619,672,384.67. The transaction includes group of investors.

The transaction has been approved by the board of directors of the company, shareholders of the company and the China Securities Regulatory Commission.