On May 10, 2021, Shenzhen Topband Co., Ltd. (SZSE:002139) closed the transaction. The company announced that the extension of the valid period of the transaction have been approved in the 1st extraordinary general meeting, by the shareholders of the company. The company announced that it has issued 92,105,263 shares at a price of CNY 11.4 per share for gross proceeds of CNY 1,049,999,998.20.

The transaction included participation from AEGON-Industrial Fund Management Co., Ltd. for CNY 251,699,995.80, Harvest Fund Management Co., Ltd. for CNY 213,000,108, Jinan Jiangshan Investment Partnership (Limited Partnership) for CNY 99,999,990.60, Xinxin No. 3 Private Securities Investment Fund for CNY 83,999,999.40, Jinhualun Yigu Choice Private Securities Investment Fund for CNY 59,999,989.80, China Universal Asset Management Company Ltd. for CNY 59,999,989.80, Sinowise Strategic Choice No. 1 Hedge Fund for CNY 46,299,994.20, Nanjing Iron & Steel Co., Ltd. (SHSE:600282) for CNY 41,999,994.00, Guotai Junan Securities Co., Ltd. (SHSE:601211) for CNY 39,999,989.40, Hotland Innovation Asset Management Co., Ltd. for CNY 32,999,990.40 and Hengtai Securities Co., Ltd (SEHK:1476), Guo Weisong, Baichuang Changniu No.

2 Private Investment Fund and Changniu Analysis Global No. 1 Private Investment Fund for CNY 29,999,989.20 each. The company paid issuance fee of CNY 11,886,792.45 for underwriting & sponsorship, CNY 660,377.36 for legal, CNY 179,245.28 for audit and CNY 179,245.28 for information disclosure & issuance handling.