On July 3, 2023, Hunan Zhenghong Science and Technology Develop Co.,Ltd. closed the transaction. The transaction included participation from returning investor, Yueyang Guansheng Investment Development Co., Ltd. for 79,990,372 shares. The company incurred CNY 6,488,639.710 as issuance fees and received net proceeds of CNY 331,870,633.850 out of which CNY 79,990,372 was included in registered capital and CNY 251,880,261.850 in the capital reserve.