On September 25, 2023, China Zhenhua (Group) Science & Technology Co., Ltd closed the transaction. The company has now issued 31,813,013 A shares at an issue price of CNY 79.15 per share for the gross proceeds of CNY 2,517,999,978.95. The transaction included participation from new investors CITIC Venture Capital (Shanghai) Co., Ltd. for 2,526,847 shares for CNY 199,999,940.05, Qianhai CSSC (Shenzhen) Smart Ocean Private Equity Fund Partnership Enterprise (Limited Partnership) for 1,642,451 shares for CNY 129,999,996.65, Guohua Satellite Application Industrial Fund (Nanjing) Partnership Enterprise (Limited Partnership) for 1,895,135 shares for CNY 149,999,935.25, China Structural Reform Fund II Co., Ltd. for 1,895,135 shares for CNY 149,999,935.25, CSSC Investment and Development (Shandong) Co.

Ltd for 1,895,135 shares for CNY 149,999,935.25, Guotai Junan Securities Co., Ltd. for 3,335,439 shares for CNY 263,999,996.85, First Heavy Group Rongchuang Technology Development Co., Ltd. for 947,567 shares for CNY 74,999,928.05, Central Enterprise Rural Industry Investment Fund Co., Ltd. for 6,317,119 shares for CNY 499,999,968.85, Great Wall Wealth Insurance Asset Management Co., Ltd. -Great Wall Fortune Zhuque Hongying No. 2 asset management product for 1,263,423 shares for CNY 99,999,930.45, Hubei SME Financial Services Center Co. Ltd. for 1,263,423 shares for CNY 99,999,930.45, National Military and Civilian Integration Industry Investment Fund Co., Ltd. for 1,263,423 shares for CNY 99,999,930.45, CSC Financial Co., Ltd. for 1,301,326 shares for CNY 102,999,952.90, AEGON-Industrial Fund Management Co.

Ltd. for 1,996,209 shares for CNY 157,999,942.35, China Southern Asset Management Co., Ltd. for 1,086,544 shares for CNY 85,999,957.60, Nuode Asset Management Co., Ltd. for 3,183,837 shares for CNY 252,000,698.55 and Guohua Satellite Application Industrial Fund (Nanjing) Partnership Enterprise (Limited Partnership) for 1,895,135 shares for CNY 149,999,935.25. The shares are restricted to a hold period of 6 months. The company has paid issuance expenses of CNY 5,686,549.58.