On April 6, 2023, the company closed the transaction. The company issued 127,011,007 common shares at a price of CNY 11.81 per share for the gross proceeds of CNY 1,499,999,992.67. The transaction included participation from new investors, Taikang Asset Yuetai Zengxiang asset management product, for CNY 42,999,997.42 for 3,640,982 shares, Taikang Asset Juxin Stock Special Pension Product, for CNY 42,999,997.42 for 3,640,982 shares, Caitong Fund Management Co., Ltd., for CNY 354,999,990.51 for 30,059,271 common shares, China Asset Management Co., Ltd., for CNY 78,999,995.26 for 6,689,246 common shares, AEGON-Industrial Fund Management Co., Ltd. for CNY 148,999,991.06 for 12,616,426 common shares, Shen Xinxin for CNY 42,999,997.42 for 3,640,982 common shares, Huatai Securities Co., Ltd., for CNY 52,999,996.82 , for 4,487,722 common shares, Zhonggeng Fund Management Co., Ltd., for CNY 42,999,997.42 for 3,640,982 common shares, Jinan Jiangshan Investment Partnership Enterprise (Limited Partnership), for CNY 79,999,995.20 for 6,773,920 common shares, Nuode Asset Management Co., Ltd. for CNY 259,999,996.21 for 22,015,241 common shares, Guotai Junan Securities Co., Ltd. , for CNY 32,000,057.13 for 2,709,573 common shares, UBS AG for CNY 194,999,988.30 for 16,511,430 common shares for 2.61% stake in the company, returning investor, Citic Securities Co., Ltd. for CNY 124,999,992.50 for 10,584,250 shares increasing its stake from 1.62% to 2.5% stake in the company all having a lockup period of 6 months.

As a part of transaction, the company paid an issuance fee of CNY 26,513,997.08 and the net proceeds for the transaction are CNY 1,473,485,995.59.