On November 2, 2023, Beijing E-Hualu Information Technology Co., Ltd. closed the transaction. The company issued 57,459,099 A shares at a price of CNY 27.51 per share for gross proceeds of CNY 1,580,699,813.49. The company incurred issue expense of CNY 11,118,922.67 in the transaction.

The company will add CNY 57,459,099 as share capital and CNY 1,512,121,791.82 as capital reserve in the transaction. The transaction included participation from new investors Guoxin Investment Co., Ltd. for CNY 599,999,977.50, Huaxia Life Insurance Co., Ltd. for CNY 199,999,983.33, Nuode Asset Management Co., Ltd. for CNY 145,099,981.95, and other investors.