On March 7, 2017, NavInfo Co., Ltd. (SZSE:002405) closed the transaction. Shinewing Public Accountants issued a capital verification report that the company has issued 196,923,025 shares for gross proceeds of CNY 3,351,630,000. The company incurred Issuance fees of CNY 24,534,341.75. The transaction involves the participation of Shenzhen Tencent Industrial Investment Fund Co., Ltd. who invested CNY 180,000,000 for 10,575,793 shares, Beijing Xindongneng Investment Fund (Limited Partnership) who invested CNY 400,000,000 for 23,501,762 shares, Tianan Property Insurance Company Limited who invested CNY 1,123,000,000 for 65,981,197 shares, Huatai Asset Management Co., Ltd. who invested CNY 640,000,000 for 37,602,819 shares, Nanjing Huatai Ruilian Merger and Acquisition Fund No. 1 (Limited Partnership) who invested CNY 300,000,000 for 17,626,321 shares, Shenzhen Anpeng Capital Innovation Co., Ltd. who invested CNY 200,000,000 for 11,750,881 shares, Longhua Qifu Investment Co., Ltd. who invested CNY 150,000,000 for 8,813,160 shares and Shangyin Ruijin – NavInfo No. 1 Assets Management Plan who invested CNY 358,630,000 for 21,071,092 shares. Linzhi Jinhua Investment Management Co., Ltd. and China Securities Co., Ltd., Investment Arm did not invest into the company as part of the transaction.