On March 22, 2022, Pony Testing Co., Ltd. closed the transaction. The company has issued 22,418,670 shares at price od CNY 55.30 per share for total gross proceeds CNY 1,239,752,451. The company has paid issuance cost of CNY 11,908,483.18 and received net proceeds of CNY 1,227,843,967.82, of which CNY 22,418,670.00 of new capital and CNY 1,205,425,297.82 included into capital reserve.

The transaction included participation from Nuode Fund Management Co., Ltd. for CNY 180,999,996.80, China Asset Management Co., Ltd. for CNY 155,999,972.80, CITIC Securities Co., Ltd. 1 for CNY152,999,947.80, and other investors.