On January 5, 2021, Beijing Jingyuntong Technology Co., Ltd. (SHSE:601908) closed the transaction. The company has issued 421,585,160 A shares at a par value of CNY 1 and at an issue price of CNY 5.93 per share for gross proceeds of CNY 2,499,999,998.80. The transaction included participation from CICC Capital Management Co., Ltd. for 72,681,281 shares for CNY 430,999,996.33, Three Gorges Capital Holdings Co., Ltd. for 50,590,219 shares for CNY 299,999,998.67, GTJA Innovation Investment Co., Ltd. for 47,723,440 shares for CNY 282,999,999.2, Jinan Jiangshan Investment Partnership (Limited Partnership) for 33,726,812 shares for CNY 199,999,995.16, Caitong Fund Management Co., Ltd. for 32,546,373 shares for CNY 192,999,991.89, Tibet Ruihua Capital Management Co., Ltd. for 21,922,428 shares for CNY 129,999,998.04, Li Guangliang for 17,875,209 shares for CNY 105,999,989.37, Luzhou Puxin Equity Investment Fund Partnership Enterprise (Limited Partnership), a fund managed by Luzhou Puquan Private Equity Investment Fund Management Co., Ltd. for 15,514,333 shares for CNY 91,999,994.69, Qingdao Huazi Huijin Investment Partnership (Limited Partnership) for 13,490,725 shares for CNY 79,999,999.25, UBS AG, Financial Services Investment Arm for 12,141,652 shares for CNY 71,999,996.36, Shanghai Ming Da Industrial (Group) Co., Ltd. for 12,141,652 shares for CNY 71,999,996.36, Lu Yuan for 12,141,652 shares for CNY 71,999,996.36, China Asset Management Co., Ltd. for 12,141,652 shares for CNY 71,999,996.36, Wang Minwen for 10,118,043 shares for CNY 59,999,994.99, Wang Ping for 10,118,043 shares for CNY 59,999,994.99, Jinglin Value Fund and Jinglin Fengshou No.

3 Private Equity Fund, funds managed by Shanghai Jinglin Asset Management Co., Ltd. for 14,502,541 shares for CNY 86,000,068.13, Wuhan Huashi Haolai Asset Management Partnership (Limited Partnership) for 8,431,703 shares for CNY 49,999,998.79, Ningbo Langshi Investment Holdings Co., Ltd.-Langshi Yangfan No. 1 Fund for 8,431,703 shares for CNY 49,999,998.79, Wang Wu for 8,431,703 shares for CNY 49,999,998.79 and Hunan Xiangtou Army Financial Industry Investment Fund Enterprise (Limited Partnership) for 6,913,996 shares for CNY 40,999,996.28. The company paid CNY 8,018,867.95 for underwriting and sponsorship, CNY 1,037,735.86 for lawyers fee, CNY 471,698.11 for accountants fee and equity registration fees of CNY 397,721.85 and received net proceeds of CNY 2,490,073,975.03.

Of the net proceeds CNY 421,585,160.00 was newly registered capital, and the balance of CNY 2,068,488,815.03 was transferred to capital reserve.