Green Power 4 Company Limited announced a private placement of 2,940,000 shares at a price of TDW 100 per share for gross proceeds TDW 294,000,000 on October 19, 2022. The transaction included participation from existing investor, Chai Watana Tannery Group Public Company Limited. Post-closing, the investor will retain its 100% stake in the company.

Post closing, the registered capital of the company will increase from TDW 6,000,000 to CNY TDW ,000,000.The transaction was approved by the board of directors of the investor.