On June 30, 2020, Tus-Design Group Co., Ltd. (SZSE:300500) closed the transaction. The company has issued 31,068,689 shares at a price of CNY 6.19 for the gross proceeds of CNY 199,199,150,296.49 in the transaction. The transaction included participation from Ningbo Tianshan HSBC Investment Management Partnership (Limited Partnership), Meishan Bonded Port Area for 6,084,243 shares for the gross proceeds of CNY 38,999,997.63, Shenzhen New Fortune Investment Management Co., Ltd.-New Fortune Multi-Strategy No. 1 Private Equity Investment Fund for 2,808,112 shares for the gross proceeds of CNY 17,999,997.92, Fortune And Royal Asset Management Co. Ltd for 6,396,255 shares for the gross proceeds of CNY 40,999,994.55, Cathay Fund Management Co., Ltd. for 7,488,299 shares for the gross proceeds of CNY 47,999,996.59, GF Securities Asset Management Co.,Ltd. for 3,307,332 shares for the gross procees of CNY 21,199,998.12 and Sunshine Asset Management Co., Ltd. for 4,984,448 shares for the gross proceeds of CNY 31,950,311.68. The transaction has been approved by the China Securities Regulatory Commission. The company has paid CNY 14,150,943.39 as issuance expense in the transaction.