On April 15, 2021, Shenzhen Fluence Technology PLC. (SZSE:300647) closed the transaction. The company issued 73,816,143 shares at issue price of CNY 7.18 per share for gross proceeds of CNY 529,999,906.74 in the transaction. The transaction included participation from Yiyang Urban Construction Investment And Operation Group Co.,ltd. for 12,534,818 shares for gross proceeds of CNY 89,999,993.24, Hunan Caixin Economic Investment Co., Ltd. for 6,963,788 shares for gross proceeds of CNY 49,999,997.84, Xiao Zhijun for CNY 49,999,997.84, Cinda Australia Bank Fund Management Co., Ltd. for CNY 49,999,976.30, Shiyan for CNY 29,999,992.96, Huang Zhengan for CNY 29,999,992.96, Zhang Chongjun for CNY 25,999,993.42, Liu Guonian for CNY 23,999,997.24, Caixin Mascot Life Insurance Co., Ltd., Ding Hui, and Li Hongying for CNY 19,999,997.70 each. The company incurred expenses of CNY 5,754,716.97 in relation to the transaction receiving net proceeds of CNY 524,245,189.77. Of total capital increase, CNY 73,816,143 is included in share capital and CNY 450,429,046.77 is included in capital reserve of the company. The shares issued shall have a hold period of 6 months.