On July 15, 2022, Profit Cultural and Creative Group Co., Ltd. closed the transaction. The company has issued 27,087,373 A shares at a price of CNY 4.95 per share for gross proceeds of CNY 134,082,496.35. The company received net proceeds of CNY 126,323,059.31 in the transaction.

After the completion of the transaction, CNY 27,087,373 added in the share capital of the company and CNY 99,235,686.31 added in capital reserve.