On June 28, 2024, China Aerospace Times Electronics CO., LTD. closed the transaction. The company has issued 580,028,050 ordinary shares at an issue price of CNY 7.13 per share raising a total of CNY 4,135,599,996.5. After deducting the issuance fee (excluding value-added tax) of CNY 19,686,122.22, the actual net amount of funds raised was CNY 4,115,913,874.28.