ZDS has successfully completed 2015 A shares private placement for Shenzhen Clou Electronics Co., LTD. ，in which ZDS was engaged as joint lead manager. The deal size is CNY 690 million.

Clou Electronics is a national high-tech enterprise engaged in providing equipment and solution for the application of smart grid, new energy and energy conservation and emission reduction. The main business of the company includes electronic meter, Standard instrumentation, smart logistics and warehousing system, electricity power system installation service, EPC & BOT for the Off/connected grid photovoltaic power station, etc.

ZDS's shareholder Shanxi Securities sponsored Clou Electronics listed in SZSE in 2007. Through this private placement, ZDS was honored to cooperate with Clou Electronics again as the joint lead manager. With the well understanding on the policy for the management participating in the private placement and excellent communication with CSRC, ZDS has provided great effort to support on the issuance plan designing and regulator communication.

Total CNY 690 million has been raised and will be used to improve the liquidity of the company. This success will effectively meet additional operating need for the expansion of business scale, continue to promote the transformation of the company to the energy service providers.