On April 19, 2024, Zhejiang Jolly Pharmaceutical Co.,LTD closed the transaction. The company issued 92,762,487 shares at an issue price of CNY 9.81 per share for the total gross proceeds of CNY 909,999,997.47. After issuance fees of CNY 11,859,272.89, the company had the net proceeds of CNY 898,140,724.58.