On July 14, 2023, Changsha DIALINE New Material Sci.&Tech. Co., Ltd. closed the transaction. The company issued 53,802,000 A shares at an issue price of CNY 6.350 per share for gross proceeds of CNY 341,642,700.

The transaction included participation from new investor, Hunan Chengxiyi Technology Co., Ltd for 53,802,000 shares for 19.30% stake. The company has incurred issuance fees of CNY 5,762,681.130, thus receiving net proceeds of CNY 335,880,018.870 out of which CNY 53,802,000 was added to the share capital and CNY 282,078,018.870 was added to the capital reserve.