On March 19, 2021, Nanhua Futures Co., Ltd. (SHSE:603093) closed the transaction. The company issued 30,065,893 shares at issue price of CNY 12.14 per share for gross proceeds of CNY 364,999,941.02. The transaction included participation from 16 investors including Hangzhou Chenyuan Asset Management Co., Ltd. for CNY 55,999,999, JPMorgan Chase Bank, National Association (BDL:166810345) for CNY 49,999,998.24, Shanghai Lanmo Investment Management Co., Ltd. for CNY 29,999,991.66 and also included participation from individual investors.

The company's total share capital increased from 580,000,000 shares to 610,065,893 shares. Of the total capital increase, CNY 30,065,893 will go to registered capital and CNY 329,183,820.31 will go to capital reserve. The company completed the the registration procedures for the newly added shares in China Securities Depository and Clearing Co., Ltd. Shanghai Branch.

The company received net proceeds of CNY 359,249,713.31 in the transaction.