On September 13, 2023, Shenzhen Hui Chuang Da Technology Co., Ltd. closed the transaction. The company will now issue 6,581,834 A shares at an issue price of CNY 22.79 per share for the gross proceeds of CNY 149,999,996.86. The company has disclosed the issue expenses of CNY 9,433,962.26.

The shares subscribed by Li Ming must not be transferred within 18 months after the issuance. Prior to the issuance, as of June 30, 2023, Li Ming owns 55,140,686 shares in the company, accounting for 33.14% stake. After the issuance, Li Ming owns 61,722,520 shares in the company, accounting for 35.68% stake.