On January 5, 2022, Shenzhen Jiang&Associates Creative Design Co., Ltd. closed the transaction. The company issued 14,981,273 shares for CNY 16.02 per share for gross proceeds of CNY 239,999,993.46. The company received net proceeds of CNY 234,169,738.27.

The shares will be subject to transfer restriction for six months. The transaction included participation from Beijing Woxing Xisheng Equity Investment Partnership (Limited Partnership) for CNY 99,999,995.94, Li Weibing for CNY 60,000,026.40, Renqing No. 1 Private Securities Investment Fund, a fund managed by Ningbo Renqing Private Equity Fund Management Co., Ltd. for CNY 59,999,994.36 and other investors.