On December 29, 2020, Shanxi Meijin Energy Co., Ltd. (SZSE:000723) closed the transaction. The company has issued 196,124,996 shares at a price of CNY 5.60 per share for gross proceeds of CNY 1,098,299,977.60 in the transaction. The company received net proceeds of CNY 1,086,191,005.12 in the transaction.