On December 28, 2020, CSC Financial Co., Ltd. (SEHK:6066) closed the transaction. The company issued 110,309,559 shares at a price of CNY 35.21 per share for gross proceeds of CNY 3,883,999,572.39. Out of the total gross proceeds, CNY 110,309,559 will go into registered capital, and CNY 3,737,454,195.55 will go into capital reserve.

The transaction included participation from existing investor Tibet Tengyun Investment management Co. Ltd. for 8,520,306 shares, China Life Asset Management Co. Ltd. for 8,520,306 shares, COFCO Capital Holdings Co., Ltd. (SZSE:002423) for 5,680,204 shares, Zheng Weikang for 5,680,204 shares, CICC Capital Management Co., Ltd. for 4,913,376 shares, Gao Jinhua for 4,828,173 shares, HuaAn Funds Management Co., Ltd. for 4,260,153 shares, COFCO Futures Co., Ltd, Investment Arm for 4,260,153 shares, Huatai Financial Holdings (Hong Kong) Limited, Investment Arm for 4,260,153 shares, AEON Insurance Asset Management Co., Ltd. for 4,260,153 shares, Huashang Fund Management Company Ltd. for 4,260,153 shares, Taiping Asset Management Company Limited for 4,260,153 shares, Zhejiang Zhonghao Investment Co., Ltd. for 4,260,153 shares, Quzhou Shanhu Investment Partnership (Limited Partnership) for 4,260,153 shares, Shaoxing Keqiao District Financial Holdings Co., Ltd. for 4,260,153 shares, Shanghai Oriental Pearl Investment Management Co., Ltd. for 4,260,153 shares, E Fund Management Co., Ltd. for 2,896,904 shares, JT Asset Management Co., Ltd for 2,840,102 shares, Changshu Development Investment Co., Ltd. for 2,840,102 shares, Minsheng Royal Fund Management Co., Ltd. for 2,840,102 shares, HwaBao WP Fund Management Co., Ltd. for 2,414,086 shares, Hainan Yangpu Senmao Petrochemical Imp.

& Exp. Co., Ltd. for 2,272,081 shares, Hainan Yangpu Zhongsheng Petrochemical Co., Ltd. for 1,988,071 shares, China Asset Management Co., Ltd. for 1,533,655 shares, ICBC Credit Suisse Asset Management Co., Ltd. for 1,420,051 shares, Dacheng Fund Management Company Limited for 1,420,051 shares, Huatai Securities Co., Ltd., Investment Arm for 1,420,051 shares, Donghai Securities Co., Ltd. for 1,420,051 shares, Yinhua Fund Management Co., Ltd. for 1,420,051 shares, China Merchants Fund Management Co., Ltd. for 1,420,051 shares and China Southern Asset Management Co., Ltd. for 1,420,051 shares. The company paid issuance expenses of CNY 36,235,817.84 in the transaction and received net proceeds of CNY 3,847,763,754.55.

The shares issued are subject to a hold period of 6 months from the date of issuance.