On January 25, 2022, Shenzhen Forms Syntron Information Co., Ltd. closed the transaction. The company has issued 20,725,388 shares at a price of CNY 19.30 per share for gross proceeds of CNY 399,999,988. The company has paid issuance fee of CNY 11,388,402 and received net raised funds are CNY 388,611,585 of which share capital of 20,725,388 yuan and capital reserve of CNY 367,886,197.

The transaction included participation from Caitong Fund Management Co., Ltd. for CNY 106,999,991, China Asset Management Co., Ltd. for CNY 92,999,983, Goldman Sachs & Co. LLC for CNY 31,999,998, Huatai Securities Co., Ltd. for CNY 23,999,993, Nuode Fund Management Co., Ltd. for CNY 22,999,983, CITIC Securities Co., Ltd for CNY 21,999,992, Zhang Shouchun, Shanghai Wuxu Asset Management Co., Ltd, Huamin Science and Technology Innovation Phase II (Qingdao) Equity Investment Fund Partnership (Limited Partnership), Zhou Rong for CNY 19,999,991 each and Beijing Yi'an Capital Management Co., Ltd. for CNY 19,000,078.