On January 4, 2021, Epoxy Base Electronic Material Corporation Limited (SHSE:603002) closed the transaction. The company issued 881,684,426 shares at a price of CNY 3.66 per share for gross proceeds of CNY 119,999,999.10 in the transaction. The company paid CNY 11,351,685.74 as issuance costs excluding tax and received net proceeds of CNY 108,648,313.36 in the transaction. Post closing, Crescent Union Limited holds 32,786,885 company shares, accounting 3.59% of the total company share capital.