On December 25, 2023, Beijing Hanbang Technology Corp. closed the transaction. The company ahs now issued 89,221,410 ordinary shares at an issue price of CNY 5.80 per share for total gross proceeds of CNY 517,484,178.

The company has paid issuance expenses of CNY 8,267,415.33 and the actual net proceeds raised is CNY 509,216,762.67.