On October 31, 2019, Shanxi Yongdong Chemistry Industry Co., Ltd. (SZSE:002753) closed the transaction. The company has issued 42,105,261 shares at a price of CNY 7.60 per share for gross proceeds of CNY 319,999,983.60 in the transaction. The company has paid CNY 8,323,396.23 as expenses and received CNY 311,676,587.37 as net proceeds.