On October 17, 2022, Tongfu Microelectronics Co.,Ltd closed the transaction. The company has raised total proceeds of CNY 2,692,999,921.02. The transaction included participation from Suzhou Industrial Park Industrial Investment Fund (Limited Partnership) for 68,399,452 shares, CNY 999,999,988.24, Wuhu Xinyuan Jinwu Equity Investment Partnership Enterprise (Limited Partnership) for 21,887,824 shares, CNY 319,999,986.88, China Life Insurance Assets Management Co.

Ltd. for 10,943,912 shares , CNY 159,999,993.44, National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. with associated fund Huaxin Investment Management Co., Ltd. for 20,519,835 shares, CNY 299,999,987.70, Nantong Shengfu Equity Investment Partnership Enterprise (Limited Partnership) for 25,923,392 shares, CNY 378,999,991.04, Nuode Asset Management Co., Ltd. for 26,265,389 shares, CNY 383,999,987.18 and Shanghai Awinic Technology Co.,Ltd. for 10,259,917 shares, 149,999,986.54. The company disclosed issue expenses of CNY 14,627,782.31.