On January 11, 2018, Xiwang Foodstuffs Co.,Ltd. (SZSE:000639) closed the transaction. The company amended the terms of the transaction. The company issued 96,198,152 shares at a price of CNY 17.36 per share gross proceeds of CNY 1,669,999,918.72. The company reported issuance expenses of CNY 19,831,198.11 and raised net proceeds of CNY 1,650,168,720.61. The company's top shareholder's stake decreased from 36% to 29.7%. The transaction included participation from Shandong Zhongying industrial fund partnership (limited partnership) for 27,476,958 shares for gross proceeds of CNY 476,999,990.88, Teda Manulife Fund Management Co., Ltd. for 19,239,631 shares for gross proceeds of CNY 333,999,994.16, Shandong high-speed Songxin (Tianjin) Investment Management Ltd. for 9,619,815 shares for gross proceeds of CNY 166,999,988.40, Shenzhen Jiupai capital management limited company for 9,619,815 shares for gross proceeds of CNY 166,999,988.40, and Beixin Ruifeng Fund Management Co., Ltd. for 3,456,221 shares for gross proceeds of CNY 59,999,996.56, individual investors, Fang Huaiyue for 9,101,382 shares for gross proceeds of CNY 157,999,991.52, Yang Qinxue for 8,870,967 shares for gross proceeds of CNY 153,999,987.12, and Fang Rui for 8,813,363 shares for gross proceeds of CNY 152,999,981.68.