On November 15, 2019, NAURA Technology Group Co., Ltd. (SZSE:002371) closed the transaction. The company has issued 32,642,401 shares at a price of CNY 61.27 per share for gross proceeds of CNY 1,999,999,909.27 and net proceeds of of CNY 1,980,323,113.51 in the transaction. Beijing Electronics Holding Co., Ltd. invested CNY 594,059,399.01, Beijing Jing Guorui State-owned Enterprise Reform and Development Fund invested CNY 495,049,468.54, and China Integrated Circuit Industry Investment Fund Co., Ltd., a fund managed by Huaxin Investment Management Co., Ltd. The shares issued are subject to lockup of 36 months till December 6, 2022. The shares have been registered and managed in Shenzhen Branch of China Securities Depository and Clearing Co., Ltd.