On December 15, 2021, COSCO SHIPPING Development Co., Ltd. closed the transaction. The transaction included participation from returning investor, China Shipping for CNY 599,999,999.04, China State-owned Enterprise Mixed Ownership Reform Fund Co., Ltd., a fund managed by Chengtong Fund Management Co., Ltd. for CNY 449,999,999.28, UBS Investment Bank, Investment Arm for CNY 149,999,999.76, and Zhao Yulan for CNY 24,999,999.96. The company incurred expenses of CNY 3,095,043.48 receiving net proceeds of CNY 1,460,904,954.84 in the transaction. Of the total capital increase, CNY 530,434,782 goes to share capital and remaining CNY 930,470,172.84 into the capital reserve of the company. The securities issued to China Shipping shall have a hold period of 36 months and 6 months for others.