on June 9, 2023, Poly Plastic Masterbatch (SuZhou) Co.,Ltd closed the transaction. The company has issued 15,226,229 common shares at an issue price of CNY 15.25 per share for the gross proceeds of CNY 15,226,229.25. The transaction included participation from new investors Dacheng Fund Management Co., Ltd. for 655,737 common shares for the gross proceeds of CNY 9,999,989.25, Huaxi Yinfeng Investment Co., Ltd. for 655,737 common shares for the gross proceeds of CNY 9,999,989.25, Huatai Asset Management Co., Ltd.-Huatai Youyi No. 5 Hybrid Pension Product for 655,737 common shares for the gross proceeds of CNY 9,999,989.25, Huatai Asset Management Co., Ltd.-Huatai Youyi stock-specific pension product for 655,737 common shares for the gross proceeds of CNY 9,999,989.25, Huatai Asset Management-Industrial Bank-Huatai Asset Value Selected Asset Management Products for 655,737 common shares for the gross proceeds of CNY 9,999,989.25, Huatai Asset Management Co., Ltd.-Huatai Optimal No. 3 stock-type pension product for 655,737 common shares for the gross proceeds of CNY 9,999,989.25, AEGON-Industrial Fund Management Co. Ltd. for 786,885 common shares for the gross proceeds of CNY 11,999,996.25, Guotai Junan Asset Management (Asia) Co., Ltd. for 852,459 common shares for the gross proceeds of CNY 12,999,999.75, Guosen Securities Co., Ltd., Asset Management Arm 786,885 common shares for the gross proceeds of CNY 11,999,996.25, Nuode Asset Management Co., Ltd. 4,000,000 common shares for the gross proceeds of CNY 61,000,000, Caitong Fund Management Co., Ltd. for 4,209,841 common shares for the gross proceeds of CNY 64,200,075.25 and individual investor Zhu Qi for 655,737 common shares for the gross proceeds of CNY 9,999,989.25.After the issuance, Caitong Fund Management Co., Ltd. owns 4,209,841 shares, accounting for 2.39% stake in the company; Nuode Asset Management Co., Ltd. owns 4 million shares, accounting for 2.27% stake in the company.

The company has paid CNY 15,315,383.12 issuance fees in the transaction. The security issued in the transaction must not be transferred within 6 months after issuance.