On January 13, 2023, Kingsignal Technology Co., Ltd. closed the transaction. The company issued 85,000,000 shares at an issue price of CNY 6.26 per share for proceeds of CNY 532,100,000. The transaction included participation from Shanghai Basun Private Equity Fund Management Co., Ltd.-Bansheng Optimal No.

11 Private Equity Securities Investment Fund for CNY 20,999,996, Zhangjiagang Jinmao Venture Capital Co., Ltd. for CNY 29,999,998, Taikang Pension-General Account Special Investment Portfolio B for CNY 19,999,999, Taikang Life Insurance Co., Ltd. Investment-linked Balanced Allocation Investment Account for CNY 19,999,999, Shanghai Boshen Investment Center (Limited Partnership) represented "Boshen No. 21 Securities Investment Private Equity Fund for CNY 19,999,999, UBS Group AG for CNY 28,999,995, GF Securities Co., Ltd., Investment Arm for CNY 50,999,995, Nuode Asset Management Co., Ltd. for CNY 49,000,000, China Great Wall Securities Co.,Ltd. for CNY 19,999,999, Liu Fujuan for CNY 19,999,999, Wei Wei for CNY 29,999,998, Taikang Life Insurance Co., Ltd. - Traditional for CNY 19,999,999, Caitong Fund Management Co., Ltd. for CNY 187,999,994 and Taikang Assets Juxin Stock Specialized Pension Fund Products for CNY 14,100,030.