On June 10, 2021, Jiangsu Lianyungang Port Co., Ltd. (SHSE:601008) closed the transaction. The company issued 157,728,706 shares at issue price of CNY 3.17 per share for gross proceeds of CNY 499,999,998.02. The company incurred issuance expenses of CNY 5,509,433.96 receiving net proceeds of CNY 494,490,564.06. The total share capital before transaction is 1,093,826,212 shares and total share capital after transaction is 1,251,554,918 shares.