On March 1, 2022, Dayu Water-saving Group Co., Ltd closed the transaction. The company received net proceeds of CNY 290,529,622.65 in the transaction. Pursuant to the transaction, Nuode Asset Management Co., Ltd. will hold 0.75% stake, Caitong Fund Management Co., Ltd. will hold 0.73% stake, JPMorgan Chase Bank, National Association will hold 0.71% stake, China Galaxy Securities Co., Ltd., Investment Arm will hold 0.57% stake, and China Asset Management Co., Ltd. will hold 0.57% stake in the company.