On September 28, 2022, the company amended the terms of the transaction. Zhenjiang Dongfang Electric Heating Technology Co., Ltd., closed the transaction. The company issued 46,489,859 shares at a price of CNY 6.41 per share for gross proceeds of CNY 297,999,996.19.

The transaction included participation from not more than 35 investors including Donghai Funds Management Co., Ltd. for CNY 10,499,996.65, Boshen No. 39 Private Securities Investment Fund, a fund managed by Shanghai Boshen Investment Center (Limited Partnership) for CNY 14,999,996.13, Zhejiang Laiyi Investment Co., Ltd. for CNY 9,999,997.42, Lombarda China Fund Management Co., Ltd. for CNY 14,799,997.72, GF Fund Management Co., Ltd. for CNY 24,999,999.96, Donghai Securities Co., Ltd. for CNY 9,999,997.42, UBS Group AG for CNY 11,999,994.34, returning investors Nuode Asset Management Co., Ltd. for CNY68,500,029.12, Caitong Fund Management Co., Ltd. for CNY 31,199,995.54, individual investors , Yu Zhujun for CNY 9,999,997.42, Geng Yue for CNY 49,999,999.92, Ma Tao for CNY 10,999,995.88, and Wei Wei for CNY 29,999,998.67. The shares may not transfer within 6 months from the listing date, September 28, 2022.