On April 11, 2023, Beijing Aerospace Changfeng Co.,Ltd closed the transaction. The company issued 27,752,474 A shares at a price of CNY 11.72 per share for gross proceeds of CNY 325,258,995.28. The transaction included participation from new investors Guotiao Innovation Private Equity Investment Fund (Nanchang) Partnership (Limited Partnership) for 7,679,180 shares, Caitong Fund Management Co., Ltd. for 5,375,426 shares, Nuode Asset Management Co., Ltd. for China Asset Management Co., Ltd. shares, China Asset Management Co., Ltd. for 3,839,590 shares, Guotai Junan Securities Co., Ltd. for 2,730,375 shares, Tongmao Dingzeng No.

2 Private Securities Investment Fund, a fund managed by Guangdong Tongmao Fumin Investment Management Partnership Enterprise (Limited Partnership) for 2,047,781 shares, Industrial Securities Global Fund Management Co., Ltd. for 853,242, Tianan Life Insurance Company Limited of China for 73,297 shares and individual investor Lu Weidong for 1,279,863 shares. The company has received CNY 321,850,646.43 after excluding value-added tax of CNY 3,408,348.85. All the securities issued in the transaction subject to a hold period of six months from the date of issuance.