On February 3, 2021, NavInfo Co., Ltd. (SZSE:002405) closed the transaction. The company has issued 320,000,000 A shares of par value, CNY 1 at a price of CNY 12.50 per share for gross proceeds of CNY 4,000,000,000 in the transaction. The transaction included participation from Beijing E-Town International Industry Investment Management Co., Ltd. for 80,000,000 shares, Lü Qiang for 40,000,000 shares, UBS AG for 26,240,000 shares, China Galaxy Securities Co., Ltd., Investment Arm for 25,200,000 shares, J.P. Morgan Global Special Opportunities Group for 20,800,000 shares, Faw Equity Investment (Tianjin) Co., Ltd. for 16,000,000 shares, Beijing Longsheng Investment Management Co., Ltd. for 16,000,000 shares, SDIC Hi-tech Investment Co., Ltd for 16,000,000 shares, GTJA Innovation Investment Co., Ltd. for 16,000,000 shares, Merrill Lynch International, Investment Arm for 9,600,000 shares, Luzhou Jinhong No. 1 Investment Fund Partnership (Limited Partnership), a fund managed by Xuyong Jinduo Equity Investment Fund Management Co., Ltd. for 9,600,000 shares, JT Asset Management Co., Ltd for 9,600,000 shares, China Industrial Securities Global Fund Management Co., Ltd. for 9,600,000 shares, Lexin Jintou No. 1 Private Equity Securities Investment Fund, a fund managed by Hangzhou Lexin Investment Management Co., Ltd. for 9,600,000 shares, CCB International Capital Management (Tianjin) Co., Ltd. for 9,600,000 shares and Chengdu Tianfu Intelligent Network Enterprise Management Consulting Co., Ltd. for 6,160,000 shares. The company has incurred expenses of CNY 25,271,698.11 and received net proceeds of CNY 3,974,728,301.89 in the transaction, of which the newly added registered capital is CNY 320,000,000, and the premium is included in the capital reserve of CNY 3,654,728,301.89. The company has received the confirmation of acceptance of share registration application from the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd.