On January 12, 2024, Fujian Tianma Science and Technology Group Co., Ltd closed the transaction. The company has allotted 20,533,880 shares at issue price of CNY 14.61 for gross proceeds of CNY 299,999,986.80. The transaction will include participation from new investors, Nuode Asset Management Co., Ltd. subscribed to 1,779,602 shares for CNY 25,999,985.22 , CSC Financial Co., Ltd. subscribed to 3,422,313 shares for CNY 49,999,992.93 , Shenwan Hongyuan Securities Co.

Ltd., subscribed to 4,791,238 shares for CNY 69,999,987.18, individual investors, Wei Wei subscribed to 7,118,414 shares for CNY 104,000,028.54 , Lin Yong Hong subscribed to 2,053,388 shares for CNY 29,999,998.68 and Meng Fanqing subscribed to 1,368,925 shares for CNY 19,999,994.25.