On January 10, 2017, Ning Xia Yin Xing Energy Co.,Ltd (SZSE:000862) closed the transaction. The company completed the procedures for the new shares registration with the China Securities Depository and Clearing Co., Ltd. Shenzhen branch. The company amended the terms of the transaction. The company issued 116,993,598 shares at a price of CNY 7.03 per share for gross proceeds of CNY 1,173,964,993.94. The company reported issuance expenses of CNY 9,686,100. The transaction involved participation from First Capital Securities Co.,Ltd., Investment Arm for 21,337,126 shares, Minsheng Tong Hui Asset Management Ltd. for 17,069,701 shares, JT Asset Management Co., Ltd for 19,957,325 shares, CITIC-Prudential Fund Management Company Ltd. (SZSE:165525) for 17,069,701 shares, Donghai Funds Management Co., Ltd. for 16,538,409 shares, Shenzhen Ruifenglin Investment Management Center (Limited Partnership), a fund managed by Shenzhen Qianhai Harsun Capital Management Co., Ltd. for 17,069,701 shares, Caitong Fund Management Co., Ltd. for 39,459,459 shares, and Huatai-PineBridge Fund Management Company Limited for 18,492,176 shares. The total number of shares issued by the company increased from 541,632,994 to 708,626,592.