On February 10, 2021, Shanghai Tianyang Hot Melt Adhesives Co., Ltd. (SHSE:603330) closed the transaction. The company has raised funding of CNY 386,999,774.64. After deducting the underwriting sponsorship and other issuance costs of CNY 13,146,226.41 (excluding tax), the net amount of funds raised is CNY 373,853,548.23. The funds were verified by BDO China SHU LUN PAN Certified Public Accountants, and issued "Capital Verification Report" [2021] No. ZA10184.