On April 19, 2021, Chongqing Fuling Zhacai Group Co., Ltd. (SZSE:002507) closed the transaction. The company issued 98,272,781 shares at a price of CNY 33.58 per share for gross proceeds of CNY 3,299,999,985.98. The transaction included participation from Invesco Great Wall Fund Management Co.

Ltd for 14,889,815 shares and CNY 499,999,987.70, China Universal Asset Management Company Ltd. for 11,465,157 shared and CNY 384,999,972.06 and Jinglin Fengshou No. 3 Private Fund, Jinglin Jingtai Fengshou Private Fund, and Jinglin Global Fund, funds managed by Greenwoods Asset Management Limited. for 11,911,852 and CNY 399,999,990.16.

The company paid expenses of CNY 20,078,461.46 including Stamp Tax of CNY 1,650,000, Registration Settelment of CNY 98,272.78, and Materials Production of CNY 56,603.77 received net proceeds of CNY 3,279,921,524.52 in the transaction.