On July 26, 2023, HC SemiTek Corporation closed the transaction. The company issued 372,070,935 A shares at an issue price of CNY 5.60 per share for the gross proceeds of CNY 2,083,597,236.The shares subscribed must not be transferred within 18 months after the issuance completion. Post completion, BOE Technology Group Co., Ltd. owns 372,070,935 shares in the company, accounting for 23.01% stake.

The company has disclosed the issue expenses of CNY 736,639,845.23 in the transaction.