On January 12, 2017 CNPC Capital Company Limited (12732331) closed the transaction. The company issued 1,757,631,819 shares at a price of CNY 10.81 for gross proceeds of CNY 18,999,999,963.39. The transaction included participation from new investor ,COSCO SHIPPING Development Co., Ltd. (SEHK:2866), who invested CNY 190,000 for 175,763,182 shares, Aisino Corporation (SHSE:600271) which invested CNY 190,000 for 175,763,182 shares, CITIC Securities Company Limited (SHSE:600030) which invested CNY 380,000 for 351,526,364 shares, Beijing Gas Group Co., Ltd. which invested CNY 190,000 for 175,763,182 shares, Taikang Asset Management Co., Ltd. which invested CNY 205,000 for 189,639,222 shares, CRRC Financial and Securities Investment Co., Ltd. which invested CNY 80,000 for 74,005,550 shares, China Construction Capital Holdings Co., Ltd. which invested CNY 190,000 for 175,763,182 shares, China Aero-Engine Group Co., Ltd. which invested CNY 190,000 for 175,763,182 shares, Strait Energy Industry Funds Management (Xiamen) Co., Ltd. which invested CNY 190,000 for 175,763,182 shares and China State-Owned Capital Venture Investment Fund which invested CNY 190,000 for 175,763,182 shares.

The shares will be listed on January 16, 2017. The company paid issue expenses of CNY 56,250,000 and raised net proceeds of CNY 18,943,749,936.39. Shares issued are subjected to 36 months hold period from the date of listing.