On July 15, 2022, Jiangsu Azure Corporation closed the transaction. The company has issued 116,225,011 A shares at a price of CNY 21.51 per share for gross proceeds of CNY 2,499,999,986.61. The transaction included participation from Wells Fargo Bank, National Association, Asset Management Arm for 7,670,850 shares, Galaxy Capital Asset Management Co.

Ltd for 8,368,200 shares, JPMorgan Chase Bank, National Association for 6,694,560 shares, China North Industries Ltd. for 13,482,101 shares, CITIC Securities Company Limited, Asset Management Arm for 13,482,101 shares, Huatai Youyi No. 5 Hybrid Pension Product, a fund managed by Huatai Asset Management Co., Ltd. for 3,486,750 shares, CITIC Securities Company Limited for 8,647,140 shares, China Life Insurance Assets Management Co. Ltd. for 4,649,000 shares, HFT Investment Management Co., Ltd. for 12,180,381 shares, Caitong Fund Management Co., Ltd. for 5,843,793 shares, Ruihua Selected No.

8 Private Securities Investment Fund, a fund managed by Jiangsu Ruihua Investment Management Co., Ltd. for 4,649,000 shares, Qingdao Yingke Value Yongtai Investment Partnership Enterprise (L.P.), a fund managed by Yingke Innovation Asset Management Co., Ltd. for 11,622,501 shares, Nuode Fund Management Co., Ltd. for 6,987,455 shares also included participation from individual investors CHEN KAI for 4,649,000 shares, Pang Jiandong for 5,578,800 shares, Zhou Xueqin for 3,347,280 shares, and Zhong Ge for 4,649,000 shares. The company has paid CNY 22,314,128.26 in issue expenses and received net proceeds of CNY 2,477,685,858.35.