On September 4, 2023, Feilong Auto Components Co., Ltd., closed the transaction. The company issued 74,074,074 shares at a price of CNY 10.53 per share for the gross proceeds of CNY 779,999,999.22. As a part of the transaction, the company will pay CNY 11,255,485.24.

As a part of the transaction, the company will pay an issuance fee of CNY 11,255,485.24 .The transaction will include participation from new investors, Shanghai Zangeng Investment Group Co., Ltd.-Zangeng Hongqi Private Securities Investment Fund for CNY 15.81748 million, Morgan Stanley & Co. International plc for CNY 20 million, UBS Group AG for CNY 29.99999 million, Horizon Asset Management Co. Ltd. for CNY 50.99999 million, Nuode Asset Management Co., Ltd. for CNY 183 million, Caitong Fund Management Co., Ltd. for CNY 122.99999 million, GF Securities Co., Ltd. for CNY 24 million, China Southern Asset Management Co., Ltd. for CNY 20 million, Shanghai Guotai Junan Securities Asset Management Co., Ltd. for CNY 126.99999 million, Allianz Insurance Asset Management Co., Ltd. for CNY 67.09514, individual investor, Sun Yaozhong for CNY 15.81748155 million, Zhou Haihong for CNY 19.99999755 million, returning investor, Henan Wanxi Holding Co., Ltd. for CNY 79.08742881 million.