On June 29, 2023, Xinjiang Tianfu Energy Co., Ltd. closed the transaction. The company has signed Three-Party and Four-Party Supervision Agreement and issued 227,617,590 shares at an issue price of CNY 6.59 per share to raise a total of CNY 1,499,999,918.10. The company has disclosed the issuance fees of CNY 17,995,865.65.

The transaction included participation from 19 investors.