On March 14, 2024, Zhongfu Information Inc., closed the transaction. The company issued 34,851,621 ordinary shares at a price of CNY 14.49 per share for the gross proceeds of CNY 504,999,988.29. As a part of the transaction, the company paid CNY 13,569,859.97 as issuance expense.

Post the completion of the transaction, the company's capital increased from CNY 34,851,621 in share capital and an increase in capital reserve of CNY 456,578,507.32. The transaction included participation from Nuode Asset Management Co., Ltd., AEGON-Industrial Fund Management Co. Ltd., Huatai Asset Management Co., Ltd., Guotai Junan Securities Co., Ltd., Caitong Fund Management Co., Ltd., China Asset Management Co.

Ltd., Shanghai Lintong Private Equity Fund Management Co., Ltd, Jinan Guohui Shenglu Equity Investment Fund Partnership (Limited Partnership), individual investors, Xue Xiaohua, Zhang Qizhi, UBS AG.