On August 30, 2021, Hainan Mining Co., Ltd. closed the transaction. The company issued 66,881,415 shares at a price of CNY 11.30 per share for proceeds of CNY 755,759,990. The transaction includes participation from Beijing Times Renaissance Investment Management Co., Ltd. Times Fuxing Chengfeng No.

1 Private Equity Securities Investment Fund for 19,646,017 shares, CITIC Lyon Asset Management Co., Ltd. for 8,849,557 shares and Golden Trust SinoPac Fund Management Co., Ltd. for 6,892,928 shares.