On December 22, 2023, Suofeiya Home Collection Co., Ltd. closed the transaction. The company amended the terms of the transaction and announced that it has issued 50,677,126 shares at a price of CNY 12.11 per share for the gross proceeds of CNY CNY 613,699,996. The net proceeds of transaction is CNY 606,455,007.

The transaction included participation from individual investor, Jiang Ganjun subscribed to 20,358,763 shares and Ke Jiansheng subscribed to 30,318,363 shares.