On August 9, 2021, BizConf Telecom Co.,Ltd. closed the transaction. The company amended the terms of the transaction. The company issued 26,452,645 shares at an issue price of CNY 22.68 per share for gross proceeds of CNY 599,945,988.60. The company incurred a fees of CNY 9,267,811.45 in the transaction. The transaction included participation from Xu Zhiying who subscribed for 4,409,171 shares for CNY 99,999,998.28; Lv Qiang who subscribed for 3,527,336 shares for CNY 79,999,980.48; Zhong Ge who subscribed for 2,204,585 shares for CNY 49,999,987.80; and other investors. The share capital of the company increased from 173,878,395 shares to 200,331,040 shares.