Anxin Trust Co., Ltd announced a share subscription agreement for not more than 4,375,310,335 shares at an issue price of CNY 2.06 per share for gross proceeds of CNY 9,013,139,290 from Shanghai Di'an Investment Management Co., Ltd. on July 23, 2021. The investor will subscribe to all shares and hold 44.44% stake. The shares cannot be transferred within 60 months from the issuance closing date.

The transaction is approved in the 10th meeting of the company's 8th directorate and is subject to the approvals of the company's shareholders, the China Banking and Insurance Regulatory Commission or its dispatched agency, and the China Securities Regulatory Commission.