On April 23, 2023, Enjoyor Technology Co., Ltd. closed the transaction. The company issued 138,888,888 A shares at an issue price of CNY 7.2 per share for gross proceeds of CNY 999,999,993.60. The company deducting the issuance expense CNY 18,849,895.09, the actual net amount of funds raised is CNY 981,150,098.51, of which CNY 138,888,888 was included in the share capital and CNY 842,261,210.51 was included in the capital reserve.

The transaction included participation from new investors Bansheng Best No. 6 Private Equity Securities Investment Fund a fund managed by Shanghai Basun Private Equity Fund Management Co., Ltd. for 4,861,111 shares for CNY 34,999,999.20, CITIC Securities Co., Ltd. for 4,861,111 shares for CNY 34,999,999.20, Central Enterprise Rural Industry Investment Fund Co., Ltd. for 12,500,000 shares for CNY 90,000,000.00,Tongan Superstar No. 1 Securities Investment Fund, a fund managed by Shanghai Tongan Investment Management Co., Ltd for 8,333,333 shares for CNY 59,999,997.60, China Galaxy Securities Co., Ltd for 16,666,666 shares for CNY 119,999,995.20, )Principal Growth Core Value Private Equity Securities Investment Fund a fund managed by Shenzhen Dahua Principal Private Equity Securities Fund Management Enterprise (Limited Partnership for 4,166,666 shares for CNY 29,999,995.20, Xin'an Growth No.

1 Private Equity Securities Investment Fund a fund managed by Shenzhen Dahua Xin'an Private Equity Securities Fund Management Enterprise (Limited Partnership) for 4,166,666 shares for CNY 29,999,995.20, Qianlu No. 31 Private Equity Securities Investment Fund , a fund managed by Zhejiang Qianlu Private Equity Fund Management Co., Ltd for,166,666 shares for CNY 29,999,995.20, Nuode Asset Management Co., Ltd. for 29,027,777 share for CNY 208,999,994.40, AEGON-Industrial Fund Management Co., Ltd for 4,583,333 shares for CNY 32,999,997.60, UBS AG for 13,333,333 share for CNY 95,999,997.60, Caitong Fund Management Co., Ltd. for 19,861,111 share for CNY 142,999,999.20, Allianz Insurance Asset Management Co., Ltd.-Anlian Yuyuan No. 2 asset management product for 8,333,333 shares for CNY 59,999,997.60, Guotai Fund Management Co., Ltd. for 4,027,782 shares for CNY 29,000,030.40.