On June 28, 2023, Shinry Technologies Co., Ltd. closed the transaction. The company issued 37,420,103 A shares at an issue price of CNY 36.330 per share for gross proceeds of CNY 1,359,472,341.990. The transaction included participation from
The company incurred CNY 20,645,830.33 (excluding value-added tax) as issuance expenses. Out of the net proceeds of CNY 1,538,826,511.66 CNY 37,420,103 will be included in the share capital and CNY 1,301,406,408.66 in the capital reserve.