Taishan Dcenti Steam Turbine Intelligent Manufacturing Co., Ltd announced a private placement of common shares for the gross proceeds of CNY 96,858,300 on June 12, 2023. The transaction will include participation from returning investor Guangdong Dcenti Auto-Parts Stock Limited Company and new investor Foshan Nanhai Anchi Aluminium Wheel Co., Ltd. The transaction has been approved in the 24th Meeting of the Company's 3rd Directorate and does not need the shareholders approval. Prior capital increase, Guangdong Dcenti Auto-Parts Stock Limited Company was holding 100% stake in the company.

Post capital increase, Guangdong Dcenti Auto-Parts Stock Limited Company will hold 80% stake and Foshan Nanhai Anchi Aluminium Wheel Co., Ltd. will hold 20% stake in the company.