Inner Mongolia Dian Tou Energy Corporation Limited announced that it has received CNY 4 billion in funding from a group of investors

On March 7, 2023, Inner Mongolia Dian Tou Energy Corporation Limited, closed the transaction. The company issued 320,000,000 shares at a price of CNY 12.50 per share for the gross proceeds of CNY 4,000,000,000. The transaction included participation from CPI Mengdong Energy Group Co., Ltd., for 128,000,000 shares of CNY 1,600,000,000.00 decreasing it?s stake to 55.77%, Taiping Asset Management Co., Ltd for 80,000,000 shares of CNY 1,000,000,000.00 for 3.57% stake, China State-Owned Enterprise Structural Adjustment Fund Phase II Co., Ltd., a fund managed by, Chengtong Fund Management Co., Ltd. for 40,000,000 shares of CNY 500,000,000.00 for 1.78% stake, Jinan Hanxiang Investment Management Partnership Enterprise for 20,000,000 of CNY 250,000,000 for 0.89% stake in the company, HuaAn Fund Management Co., Ltd., for 9,600,000 of CNY 120,000,000.00, Shandong Social Security Fund Management Co., Ltd. for 8,000,000 of CNY 100,000,000.00, individual investor, Fei Zhanbo, for 8,000,000 of CNY 100,000,000.00, CNOOC (Beijing) Ocean Energy Technology Investment Management Partnership Enterprise for 7,840,000 share of CNY 98,000,000.00, Shandong Huihan Industrial Development Co., Ltd., for 6,400,000 of CNY 80,000,000.00, UBS AG for 4,400,000 of CNY 55,000,000.

As a part of transaction the company will pay an issuance fees of CNY 46,922,478.77.