Anhui Jiyuan Software Co., Ltd. announced a private placement of common shares for the gross proceeds of CNY 70,498,100 on May 28, 2021. The transaction will include participation from existing investor State Grid Information & Communication Co., Ltd. (SHSE:600131). Post completion of transaction, the investor will retain 100% stakes in the company and registered capital of the company will increase from CNY 480,000,000 to CNY 550,498,100 .