On April 13, 2021, Jiangsu SOPO Chemical Co. Ltd. (SHSE:600746) closed the transaction. The transaction included participation from Mo Jihong for 3,610,108 shares, Zhing Yuye for 3,610,108 shares, Zhang Yubai for 3,610,108 shares, Orient-Salt Chemicals (Shanghai) Co., Ltd. for 3,610,108 shares, Bauhinia Chemical (shanghai) Company Limited for for 3,610,108 shares, UBS AG for for 3,610,108 shares, Jiang Haidong for 3,610,108 shares, Cao Jijun for 3,610,108 shares, Light Salt Smart Selection No.

8 Private Equity Securities Investment Fund for 6,377,858 shares, Caitong Fund Management Co., Ltd. for 14,801,444 shares, Guotai Junan Securities Co., Ltd. (SHSE:601211) for 19,855,595 shares, CSC Financial Co., Ltd. (SEHK:6066) for 15,643,802 shares, Horizon Asset Management Co. Ltd. for 7,220,221 shares, existing investor Zhenjiang State-owned Investment Holding Group Company Limited for 7,942,238 shares, and Wang Jin for 4,332,129 shares. The company issued 119,494,584 shares at a price of CNY 8.31 per share for gross proceeds of CNY 992,999,993 in the transaction.

The company incurred cost of CNY CNY 8,927,825 in the transaction.