On January 19, 2023, Landai Technology Group Corp., Ltd. closed the transaction. The company amended the terms of the transaction. The company issued 74,137,800 shares at a price of CNY 7.91 for a gross proceeds of CNY 586,429,998.

The transaction included participation from Anhui Jiangdong Industry Investment Group Co., Ltd. of CNY 95,530,027.11, Guotai Junan Asset Management (Asia) Co., Ltd. of CNY 66,999,993.90, Nuode Asset Management Co., Ltd. of CNY 61,699,993.32, AEGON-Industrial Fund Management Co., Ltd. of CNY 60,099,998.07, UBS Group AG of CNY 51,999,999.87, China Asset Management Co., Ltd. of CNY 43,999,999.89, JPMorgan Chase Bank, National Association of CNY 39,999,999.90, Caitong Fund Management Co., Ltd. of CNY 31,099,992.21, China International Fund Management Company Limited of CNY 24,999,997.96, Baoying Fund Management Co., Ltd. of CNY 24,999,997.96, Taikang Asset Management Co., Ltd. (Taikang Asset Juxin Stock Special Pension Product) for CNY 24,999,997.96 and Ma'anshan Guxin Increase Kinetic Energy Equity Investment Fund Partnership Enterprise (Limited Partnership) of CNY 59,999,999.85.