On November 5, 2021, Gotion High-tech Co.,Ltd. closed the transaction. The company issued 384,163,346 shares for gross proceeds of CNY 7,302,945,207 in the transaction. The company received net proceeds of CNY 7,230,855,085 after deducting the issuance expenses. CNY 384,163,346 was added to the registered capital and CNY 6,846,691,739.62 was added to the capital reserve of the company and the registered capital of the company increased to CNY 1,664,707,835 post the transaction.