On March 18, 2017, Arcplus Group PLC (SHSE:600629) closed the transaction. The company issued 13,813,517 shares at CNY 20.27 per share for gross proceeds of CNY 279,999,989.59. The company paid underwriting fees of CNY 8,163,207.35 and VAT input tax of CNY 489,792.44.

The company received net proceeds of CNY 271,346,989.80 in the transaction. The company's outstanding shares have been increased from 418,394,615 to 432,208,132. The transaction involved participation from Shanghai Shibei Hi-Tech Co.,Ltd. (SHSE:900902) for 1,381,351 shares, Everbright Pramerica Fund Management Co., Ltd. for 4,933,399 shares, and Caitong Fund Management Co., Ltd. for 3,167,242 shares, and other investors.