On December 23, 2020, PNC Process Systems Co., Ltd. (SHSE:603690) closed the transaction. The company issued 47,749,661 shares at a price of CNY 28.79 for gross proceeds of CNY 1,374,712,740.19. The transaction included participation from Beijing Integrated Circuit Advanced Manufacturing and High-end Eqpt.

Equity Invt. Fund Center (L.P.), a fund managed by Beijing CGP Investment Co, Ltd for 3,473,428 shares for CNY 99,999,992.12, Tianjin Jinlian Haihe State-owned Enterprise Reform, Innovation and Development Fund Partnership (Limited Partnership) for 5,731,156 shares for CNY 164,999,981.24, Generali China Asset Management Co., Ltd. for 3,473,428 shares for CNY 99,999,992.12, Wuhu Yuankang Investment Management Co., Ltd. for 3,737,860 shares for CNY 107,612,989.4, Huabao Securities Co., Ltd. for 2,431,399 shares for CNY 69,999,977.21, Sun Jue for 1,910,385 shares for CNY 54,999,984.15, Gu Liu for 2,084,056 shares for CNY 59,999,972.24, Caitong Fund Management Co., Ltd. for 2,865,578 shares for CNY 82,499,990.62, Qingdao City Investment Technology Development Co., Ltd. for 2,084,056 shares for CNY 59,999,972.24, Sea Fortis Fund Management Co., Ltd. for 2,778,742 shares for CNY 79,999,982.18, Shanghai Boshen Investment Center (Limited Partnership) for 2,014,588 shares for CNY 57,999,988.52, CICC Capital Management Co., Ltd. for 3,890,239 shares for CNY 111,999,980.81, Haining Pan Semiconductor Industry Investment Co., Ltd. for 3,473,428 shares for CNY 9,999,9992.12, Cathay Pacific Fund Management Co., Ltd. for 2,049,322 shares for CNY 58,999,980.38, China Galaxy Securities Co., Ltd., Investment Arm for 1,931,226 shares for CNY 55,599,996.54, CITIC Securities Company Limited, Investment Arm for 1,910,385 shares for CNY 54,999,984.15 and International Trade Qirun (Shanghai) Co., Ltd. for 1,910,385 shares for CNY 54,999,984.15. The company paid issuing costs of CNY 20,184,669.49 (excluding tax) and received net proceeds of CNY 1,354,528,070.70 in the transaction.

Out of total net proceeds CNY 47,749,661.00 will go to registered capital, and CNY 1,306,778,409.70 will go to capital reserve.