On June 16, 2021, Anhui Gourgen Traffic Construction Co.,Ltd. closed the transaction. The company issued 119,924,235 shares at a price of CNY 7.26 per share for gross proceeds of CNY 870,649,946.10 in the transaction. The transaction included participation form Zhihe (Hangzhou) Asset Management Co., Ltd. for 20661156 shares for CNY 149,999,993, Huatai Securities (Shanghai) Asset Management Co., Ltd. for 26198347 shares for CNY 190,199,999, Shanghai Aifang Asset Management Co., Ltd. for 13774104 shares for CNY 99,999,995, Zhuque Fund Management Co., Ltd. for 6887052 shares for CNY 49,999,998, Nuode Asset Management Co., Ltd. for 8236914 shares for CNY 59,799,996, Hangzhou Juyuan Asset Management Co., Ltd. for 13774104 shares for CNY 99,999,995, Caitong Fund Management Co., Ltd. for 1129476 shares for CNY 8,199,996, Shaanxi Construction Engineering Investment Management Co., Ltd. for 6887052 shares for CNY 49,999,998, Shenzhen Fuhongda Investment Management Co., Ltd. for 2128099 shares for CNY 15,449,999, Shanghai Senlong Garden Engineering Co., Ltd. for 4820936 shares for CNY 34,999,995, Zhang Hesheng for 4820936 shares for CNY 34,999,995, Li Aoxia for 6887052 shares for CNY 49,999,998, Chi Chengxia for 688705 shares for CNY 4,999,998, Chu Zhaoxi for 688705 shares for CNY 4,999,998, Feng Yudong for 964187 shares for CNY 6,999,998 and Wu Kaigui for 1377410 shares for CNY 9,999,997. The company paid CNY 1,1436,980.73 for various issuance expenses and received net proceeds of CNY 859,212,965.37 in the transaction. Out of the total net proceeds, CNY 119,924,235 will go into registered capital, and CNY 739,288,730.37 will go into capital reserve.