On November 29, 2022, Chengxin Lithium Group Co., Ltd. closed the transaction. The company has issued 46,630,917 A shares for gross proceeds of CNY 2,000,000,030.13 in the transaction. After deducting tax-exclusive issuance expenses of CNY 10,918,744.58, the actual net funds raised are CNY 1,989,081,285.55, of which increased share capital of CNY 46,630,917.00, the part of the share capital plus the deductible value-added tax input tax included in the deducted issuance expenses is CNY 625,281.01, and the capital reserve is increased by CNY 1,942,450,368.55.