On April 25, 2024, China Green Electricity Investment of Tianjin Co., Ltd. closed the transaction. The company issued 204,081,632 A shares at a price of CNY 8.82 per share for gross proceeds of CNY 1,799,999,994.24. The company incurred issue expenses of CNY 17,569,888.28.

The company added CNY 204,081,632 as registered capital, and CNY 1,578,348,473.96 as capital reserve. All the securities issued may not transfer within 6 months from the end date of the issuance. The transaction included participation from new investors Beijing Chengtong Financial Investment Co., Ltd. for 56,689,342 shares for gross proceeds of CNY 499,999,996.44, Three Gorges Capital Holdings Co., Ltd. 51,020,408 shares for gross proceeds of CNY 449,999,998.56, Guoxin Investment Co., Ltd. 33,219,957 shares for gross proceeds of CNY 293,000,020.74, Nuode Asset Management Co., Ltd. 27,210,884 shares for gross proceeds of CNY 239,999,996.88, Caitong Fund Management Co., Ltd. 20,068,027 shares for gross proceeds of CNY 176,999,998.14, Tianjin Haihe Rongchuang Tianjin-Beijing-Hebei Intelligent Industry Fund Partnership Enterprise 7,936,507 shares for gross proceeds of CNY 69,999,991.74, Shanghai Guotai Junan Securities Asset Management Co., Ltd. 7,936,507 shares for gross proceeds of CNY 69,999,991.74.