Conch (Anhui) Energy Saving and Environment Protection New Material Co., Ltd. closed the transaction on January 10, 2024. The company issued 81,168,831 shares at an issue price of CNY 6.16 per share for gross proceeds of CNY 500,000,000. The company incurred issue expenses - underwriting and sponsor fees for CNY 1,000,000, audit and capital verification fees for CNY 150,943.40, lawyer fee for CNY 396,226.42, registration fees for CNY 76,574.37, and documentary stamp for CNY 124,562.91.