On August 2, 2023, Zhejiang Great Shengda Packaging Co.,Ltd. closed the transaction. The company issued 76,164,705 A shares at an issue price of CNY 8.50 per share for the gross proceeds of CNY 647,399,992.50. The company has disclosed the issue expenses of CNY 8,403,021.65.

The transaction included participation from new investors Guotai Junan Securities Co., Ltd. for 2,235,294 shares for CNY 18,999,999,Shanghai Qianying Investment Management Co., Ltd.-Qianying Value Growth No. 3 Private Equity Securities Investment Fund for 6,705,882 shares for CNY 56,999,997, Wu Qinbo for 20,000,000 shares for CNY 170,000,000, Beijing Taitesheng Private Equity Fund Management Co., Ltd.- Taitesheng Investment Tailai No. 1 Private Equity Securities Investment Fund for 16,941,176 shares for CNY 143,999,996.00, Shanghai Tong'an Investment Management Co., Ltd.-Tong'an Zengbao No.

8 Private Equity Securities Investment Fund for 13,058,823 shares for CNY 110,999,995.50, Shanghai Qianying Investment Management Co., Ltd.-Qianying Value Growth No. 1 Private Equity Securities Investment Fund for 5,294,117 shares for CNY 44,999,994.50, Beijing Taitesheng Private Equity Fund Management Co., Ltd.- Taitesheng Investment Tailai No. 2 Private Equity Securities Investment Fund for 4,000,000 shares for CNY 34,000,000.00, Chongqing Rongxin Environmental Protection Industry Equity Investment Fund Partnership for 4,117,647 shares for CNY 34,999,999.50, Great Wall Securities Co., Ltd. for 282,355 shares for CNY 2,400,017.50 and Hangzhou Shengda Investment Co., Ltd. for 3,529,411 shares for CNY 29,999,993.50.

Among them, the registered capital was increased by CNY 76,164,705.00, and the capital reservewas increased by CNY 562,832,265.85.