Guangdong Shenling Environmental Systems Co., Ltd. announced that it has received CNY 799.999981 million in funding from a group of investors

On March 27, 2023, Guangdong Shenling Environmental Systems Co., Ltd. closed the transaction. The company issued 24,570,024 shares at an issue price of CNY 32.560 per share for gross proceeds of CNY 799,999,981.440. The transaction included participation from Dacheng Fund Management Company Limited for 767,813 shares, JPMorgan Chase Bank, National Association for 1,412,776 shares, Industrial Securities Asset Management Co., Ltd.-Industrial Securities Asset Management Xinyuan [2020016] Single Asset Management Plan for 767,813 shares, Huatai Asset Management Co., Ltd.-Huatai Youyi No.

5 Hybrid Pension Product for 767,813 shares, Huatai Asset Management Co., Ltd.-Huatai Asset Steady Win Growth Return Asset Management Product for 767,813 shares, Huatai Asset Management Co., Ltd.-Huatai Asset Value Selected Asset Management Product for 767,813 shares, Huatai Asset Management Co., Ltd.-Huatai Asset Steadu Win Preferred Asset Management Product for 767,813 shares, China Asset Management Co., Ltd. for 1,228,501 shares, E Fund Management Co., Ltd. for 8,212,530 shares, Guodu Venture Capital Co., Ltd. - Guodu Benfu No. 6 fixed increase private investment fund for 767,813 shares, Caitong Fund Management Co., Ltd. for 1,689,189 shares, Hunan Light Salt Venture Capital Management Co., Ltd.-Light Salt Yunfan No. 1 Private Equity Securities Investment Fund for 1,250,000 shares, GTJA Innovation Investment Co., Ltd. for 1,504,914 shares, Nuode Asset Management Co., Ltd. for 1,775,184 shares, Jinan Jiangshan Investment Partnership Enterprise (Limited Partnership) for 1,566,339 shares.