On February 6, 2024, SinoDaan Co., Ltd. closed the transaction. The company ahs now issued no less than 9,615,385 shares (inclusive) and no more than 26,540,054 shares for gross proceeds of is not less than CNY 100,000,000 and not more than CNY 276,016,561.6. The transaction has ben approved in the 26th meeting of the company?s fourth board of directors.