On January 30, 2024, Hoyuan Green Energy Co., Ltd. closed the transaction. The company amended the terms of the transaction and issued 107,057,890 common shares to specific investors at price of CNY 25.22 per share for the gross proceeds of CNY 2,699,999,985.8. The various expenses of the transaction are CNY 22,127,237.38 and the net proceeds from the issuance amounted to CNY 2,677,872,748.42.