On July 20, 2023, Hangzhou Jingye Intelligent Technology Co., Ltd. closed the transaction. The company issued 3,309,714 Shares at an issue price of CNY 63.77 per Share for the gross proceeds of CNY 211,060,461.78. The transaction included participation from new investors  Nuode Asset Management Co., Ltd. for 959,698 shares for CNY 61,199,941.46, Shenzhen Niufusi Investment Management Co., Ltd.-Niufusi Xuebao No.

18 Private Securities Investment Fund for 617,688 shares for CNY 39,389,963.76, Taiping Asset Management Co., Ltd. (representing Taiping Life Insurance Co., Ltd.-Traditional-General Insurance Products-022L-CT001 Account) for 470,440 shares for CNY 29,999,958.80, Shenyang Xingtu Equity Investment Fund Management Co., Ltd. - Xingtu Jianhui No. 3 Private Equity Investment Fund for 235,220 shares for CNY 14,999,979.40, Ningbo Meishan Bonded Port Area Fengtu Investment Management Co., Ltd.-Fengtu Fengtai No. 3 Private Equity Investment Fund for 235,220 shares for CNY 14,999,979.40, Lion Fund Management Co., Ltd. for 235,220 shares for CNY 14,999,979.40, Caitong Fund Management Co., Ltd. for 235,220 shares for CNY 14,999,979.40, Hangzhou Jintou Private Fund Management Co., Ltd.-Jintou Feiteng Private Securities Investment Fund for 235,220 shares for CNY 14,999,979.40 and Allianz Insurance Asset Management Company Limited- Anlian Yuyuan No.

7 Asset Management Products for 85,788 shares for CNY 5,470,700.76. The company has disclosed the issue expenses of CNY 6,319,152.94.