On August 29, 2022, Zhejiang Orient Financial Holdings Group Co., Ltd. closed the transaction. The company has issued 519,058,371 shares at an issue price of CNY 4.53 per share for gross proceeds of CNY 2,351,334,420.63 in the transaction. The company has paid issuance expenses of CNY 4,674,774.11 and received net proceeds of CNY 2,346,659,646.52.

The transaction included participation from Hangzhou Fuyang Development Zone Industrial Investment Co., Ltd. for 53,691,433 share for proceeds of CNY 243,222,191.49 for 1.57% stake, Hangzhou Fuyang Investment Development Co., Ltd. for 167,353,693 shares for proceeds of CNY 758,112,229.29 for 4.90% stake, and Tongxiang City Construction Investment Group co., ltd for 298,013,245 shares for proceeds of CNY 1,349,999,999.85 in the transaction.