On September 1, 2021, Shanghai Zhonggu Logistics Co., Ltd. closed the transaction. The company issued 92,091,141 shares at issue price of CNY 29.84 per share for gross proceeds of CNY 2,747,999,647.44. The transaction included participation from Invesco Great Wall Fund Management Co.

Ltd for 11,058,981 shares for gross proceeds of CNY 329,999,993.04, Shandong Port Financial Holdings Limited for 10,053,619 shares for gross proceeds of CNY 299,999,990.96, and Nuode Asset Management Co., Ltd. for 9,148,793 shares for gross proceeds of CNY 272,999,983.12, and other investors. The company incurred expenses of total CNY 19,884,170.03 which includes legal fees and auditing fees of CNY 377,358.49, capital verification fee of CNY 283,018.87, and share registration fee of CNY 86,878.43, and the stamp duty of CNY 682,199.42. The company raised net proceeds of CNY 2,728,115,477.4, of which CNY 92,091,141 increases share capital and CNY 2,636,024,336.41 increases capital reserve of the company.

The shares issued shall have a lock up period of 6 months from the closing of the transaction. The company completed registration and custody procedures and share registration procedures at the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. of the company's new shares.