On January 16, 2023, Shenzhen United Winners Laser Co., Ltd. closed the transaction. The company has issued 36,330,275 shares at an issue price of CNY 27.25 per share for gross proceeds of CNY 989,999,993,75 in the transaction. The transaction included participation from Quanguo Fund Management Co., Ltd. for 7,706,422 shares, for proceeds of CNY 209,999,999.50, National Manufacturing Transformation and Upgrading Fund Co., Ltd., a fund managed by the Ministry of Finance People's Republic of China, Endowment Arm, for 5,504,587 shares, for proceeds of CNY 149,999,995.75, Caitong Fund Management Co., Ltd. for 4,866,055 shares, for proceeds of CNY 132,599,998.75, and other investors.