China State Construction Finance Co., Ltd announced a private placement of common shares for gross proceeds of CNY 1,600 million on December 8, 2021. The transaction will include participation from returning investor China State Construction Engineering Corporation Limited. The transaction has been approved by the ninth meeting of the third board of directors and ninth meeting of the third board of directors of investor and does not need to be submitted to the general meeting of shareholders for approval.

Post-completion, the registered capital of company will increase to CNY 12,000 million.