On August 18, 2021, Luoyang Glass Company Limited closed the transaction. The company issued 97,134,531 shares at a price of CNY 20.59 per share for gross proceeds of CNY 1,999,999,993.29 in the transaction. The transaction included participation from 13 investors including returning investor Triumph Science and Technology Group Co., Ltd. for CNY 272,400,017.16, new investors Shenzhen Capital Group Manufacturing Transformation and Upgrading New Materials Fund (L.P.), a fund managed by Shenzhen Capital Group Hongtu Equity Investment Management (Shenzhen) Co., Ltd. for CNY 799,999,989.08, and Kegai Ceyuan (Chongqing) Private Equity Investment Fund Partnership Enterprise (Limited Partnership) for CNY 149,999,982.51. Post the transaction, Triumph Science and Technology Group Co., Ltd.'s stake increased from 1.12% to 3% and Shenzhen Capital Group Hongtu Equity Investment Management (Shenzhen) Co., Ltd., Kegai Ceyuan (Chongqing) Private Equity Investment Fund Partnership Enterprise (Limited Partnership), Jinan Jiangshan Investment Partnership Enterprise (Limited Partnership) and China Galaxy Securities Co., Ltd., Investment Arm acquired stakes of 6.02%, 1.13%, 0.98% and 0.89% respectively. The company received net proceeds of CNY 1,983,653,640.01 in the transaction after deducting issuance fees.