On July 20, 2021, Jiangsu Olive Sensors High-Tech Co., Ltd closed the transaction. The company issued 65,927,971 shares at a price of CNY 7.22 per share for gross proceeds of CNY 475,999,950.62. The company received net proceeds of CNY 466,656,622.39.

The transaction included participation from UBS Investment Bank, Investment Arm for 2,770,083 shares for CNY 19,999,999.26, Morgan Stanley & Co. International plc for 4,570,637 shares for CNY 32,999,999.14, Huatai Asset Management Co., Ltd. for 2,908,587 share for CNY 20,999,998.14, Caitong Fund Management Co., Ltd. for 8,725,761 shares for CNY 62,999,994.42 for 1.76% stake, Lanmo Yaowen No. 1 Private Equity Investment Fund for 6,925,207 shares for CNY 49,999,994.54, Huatai Securities Co., Ltd. for 5,124,653 shares for CNY 36,999,994.66 for 1.04% stake, AEGON-Industrial Fund Management Co., Ltd. for 3,324,099 shares for CNY 23,999,994.78, Nuode Asset Management Co., Ltd. for 5,263,157 shares for CNY 37,999,993.54, Yingshui Taishun No.

1 Private Equity Securities Investment Fund for 4,847,645 shares for CNY 34,999,996.90, Yingshui Feiyu No. 8 Private Equity Securities Investment Fund for 2,770,083 shares for CNY 19,999,999.26, Yanfeng Flexible Tianyi No. 2 Private Equity Investment Fund for 4,847,645 shares for CNY 34,999,996.90, Zhongjue Investment Exclusive No.

1 Private Equity Fund for 4,432,132 shares for CNY 31,999,993.04, Ziwu Wuwei No. 1 Private Securities Investment Fund for 2,770,083 shares for CNY 19,999,999.26, Kangqi Assets Wenjin No. 1 Private Equity Securities Investment Fund for 2,770,083 shares for CNY 19,999,999.26 and Dong Weiguo for 3,878,116 shares for CNY 27,999,997.52.