On March 29, 2024, Crystal Clear Electronic Material Co., Ltd. closed the transaction. The company announced that it will issue 61,643,835 A shares at an issue price of CNY 7.30 per share for the gross proceeds of CNY 449,999,995.50. The company has disclosed the issue expenses of CNY 6,226,456.44 and the net proceeds of CNY 443,773,539.06.

The transaction included participation from new investiors Nuode Asset Management Co., Ltd. 18,493,150 shares for CNY 134,999,995.00, GF Securities Co., Ltd. 7,123,287 shares for CNY 51,999,995.10, UBS AG 5,616,438 shares for CNY 40,999,997.40, Caitong Fund Management Co., Ltd. 5,205,479 shares for CNY 37,999,996.70, Gongqingcheng Yuzhang No. 2 Equity Investment Partnership  Enterprise (Limited Partnership) 4,109,589 shares for CNY 29,999,999.70, Shaanxi Jinzi Fund Management Co., Ltd. 4,109,589 shares for CNY 29,999,999.70, China International Capital Corporation Limited 3,698,630 shares for CNY 26,999,999.00, Gongqingcheng Hengzhi Equity Investment Partnership Enterprise (Limited Partnership 3,287,671 shares for CNY 23,999,998.30, AEGON-Industrial Fund Management Co. Ltd. 2,876,712 shares for CNY 20,999,997.60, Shanghai Sitoco Assets Management Co.,Ltd 2,602,743 shares for CNY 19,000,023.90, Xue Xiaohua 2,465,753 shares for CNY 17,999,996.90, Shanghai Tongan Investment Management Co., Ltd.- Tong?an Juxing No.

1 Securities Investment Fund 2,054,794 shares for CNY 14,999,996.20.