According to Baitong Energy's announcement, the company will issue 27.7 million shares to specific targets in 2025, raising 236 million yuan. The controlling shareholder Baitong Huanyu will subscribe, and the new shares will not be transferred within 18 months. Prior to the issuance, Baitong Global held 19.53% of its shares, and its co-actors held a total of 52.83% of the shares; after the issuance, Baitong Global's holdings rose to 24.09%, and the total holdings of Baitong Global rose to 55.50%. The offering has been approved by the company's internal affairs, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission, and complies with the “Administrative Measures on Takeovers” to exempt from tender offers, and Baitong Global is exempt from issuing offers.

According to Baitong Energy's announcement, the company will issue 27.7 million shares to specific targets in 2025, raising 236 million yuan. The controlling shareholder Baitong Huanyu will subscribe, and the new shares will not be transferred within 18 months. Prior to the issuance, Baitong Global held 19.53% of its shares, and its co-actors held a total of 52.83% of the shares; after the issuance, Baitong Global's holdings rose to 24.09%, and the total holdings of Baitong Global rose to 55.50%. The offering has been approved by the company's internal affairs, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission, and complies with the “Administrative Measures on Takeovers” to exempt from tender offers, and Baitong Global is exempt from issuing offers.