On April 16, 2021, Zhejiang Guyuelongshan Shaoxing Wine Co., Ltd. (SHSE:600059) closed the transaction. The company issued 103,018,248 common shares at an issue price of CNY 9.31 for gross proceeds of CNY 959,099,888.88 in the transaction. The company paid CNY 9,494,818.28 as issue expenses in the transaction.

The transaction included participation from Jinan Jiangshan Investment Partnership Enterprise (Limited Partnership) for 32,223,415 shares for the gross proceeds of CNY 299,999,993.65, Franklin Templeton Sealand Fund Management Co., Ltd. for 17,185,820 shares for the gross proceeds of CNY 159,999,984.20, AEGON-Industrial Fund Management Co., Ltd. for 8,592,905 shares for the gross proceeds of CNY 79,999,945.55, China International Capital Corporation Limited (SEHK:3908) for 18,689,580 shares for the gross proceeds of CNY 173,999,989.80, Shanghai Tongan Investment Management Co., Ltd. for 1,611,170 shares for the gross proceeds of CNY 14,999,992.70, UBS Group AG (SWX:UBSG) for 1,611,170 shares for the gross proceeds of CNY 14,999,992.70, Shenzhen Qianhai Furong Asset Management Co., Ltd. for 21,482,277 shares for the gross proceeds of CNY 199,999,998.87 and individual investor, Li Tianhong for 1,621,911 shares for the gross proceeds of CNY 15,099,991.41.