On January 10, 2022, Zhejiang Dingli Machinery Co.,Ltd closed the transaction. The company amended the terms of the transaction. The company issued 20,862,308 A shares at a price of CNY 71.90 per share for gross proceeds of CNY 1,499,999,945.20.

The transaction included participation from Hongde Fund Management Co., Ltd. for 2,617,524 shares for gross proceeds of CNY 188,199,975.60, China Southern Asset Management Co., Ltd. for 2,169,680 for gross proceeds of CNY 155,999,992.00, ICBC Credit Suisse Asset Management Co., Ltd. for 1,937,421 for gross proceeds of CNY 139,300,569.90, and other investors. The company has received net proceeds of CNY 1,480,792,122.95. The company has completed the registration procedures for the newly issued shares at China Securities Depository and Clearing Co., Ltd. Shanghai Branch.