ON February 27, 2024, Sichuan Crun Co., Ltd closed the transaction. The company issued 50,166,300 shares at an issue price of CNY 5.10 per share for the gross proceeds of CNY 255,848,130. The company has disclosed the issue expenses of CNY 4,787,735.85 and the net proceeds of CNY 251,060,394.15.

The transaction included participation from Nuode Asset Management Co., Ltd. 22,784,313 shares, Caitong Fund Management Co., Ltd. 17,450,980 shares, Shi Quan 3,137,254 shares, China Galaxy Securities Co., Ltd. 3,137,254 shares, Zhang Tianqu 712,000 shares, Binhai Yesheng No.1 Contractual Private Investment Fund 630,000 shares, Yanheng Qingyun No. 1 Private Securities Investment Fund 785,083 shares, Chuanfa Dingying Refinancing Private Securities Investment Fund 1,529,416 shares.