On March 30, 2021, Chengdu Xiling Power Science & Technology Incorporated Company (SZSE:300733) closed the transaction. The company issued 11,399,371 shares for gross proceeds of CNY 144,999,999.12, deducting CNY 3,857,923.93 of issuance costs excluding tax. The actual net funds raised were CNY 141,142,075.19, of which the newly-added registered capital (share capital) is CNY 11,399,371.00, and the capital reserve is CNY 129,742,704.19. Wei Xiaolin's holding ratio has changed from 34.17% to 38.55%, still one of the issuer's controlling shareholder and actual controller.