On January 17, 2016, Fujian Funeng Co., Ltd. (SHSE:600483) closed the transaction. The company has amended the terms of the transaction. The company has issued 293,478,251 A shares at a price of CNY 9.2 per share for CNY 293,478,251 in the transaction.

The company has incurred CNY 18,663,478.25 as issue expenses and received net proceeds of CNY 18,663,478.25 in the transaction. The number of outstanding shares increased from 1,258,347,323 shares to 1,551,825,574 shares. The shares cannot be transferred within 36 months from the listing date.