On October 21, 2022, China Satellite Communications Co., Ltd. closed the transaction. The company amended the terms of the transaction. The company has now issued 224,385,412 ordinary A shares with the par value of CNY 1.00 per share, at an issue price of CNY 9.60 per share for total gross proceeds of CNY 2,154,099,955.20.

The company has paid issuance fee of CNY 14,224,963.32 and received net amount of CNY 2,139,874,991.88 in the transaction.