On November 2, 2022, Jade Bird Fire Co., Ltd. closed the transaction. The company has issued 74,422,182 A shares at a price of CNY 24.01 per share for gross proceeds of CNY 1,786,876,589.82. The transaction included participation from new investor China International Marine Containers (Group) Co., Ltd. for 49,979,175 shares for 8.86% stake, Fullgoal Fund Management Co., Ltd. for 7,288,629 shares, Zhong Ou Fund Management Co., Ltd for 2,082,465 shares, UBS Group AG for 2,332,361 shares, China Asset Management Co., Ltd. for 3,831,736 shares, new investor Caitong Fund Management Co., Ltd. for 5,955,851 shares for 1.06% stake, Nuode Asset Management Co., Ltd. for 2,457,309 shares and Huatai Youyi No.

5 Hybrid Pension Product-Bank of China Limited for 494,656 shares. All the securities issued in the transaction will subject to hold period of six months. The company received net proceeds of CNY 1,734,874,869.54 after paying issuance fees of CNY 52,001,720.28.