On May 19, 2023, Shenzhen Clou Electronics Co., Ltd. closed the transaction. The company amended the terms of the transaction. The company has issued 378,514,789 shares at a price of CNY 3.28 per Share for the gross proceeds of CNY 1,241,528,507.92.

The company will pay CNY 15,334,250.59 as issuance fees.