On September 25, 2023, Zhejiang Weixing Industrial Development Co., Ltd., closed the transaction. The company amended the terms of the transaction and raised CNY 1,195,399,992.85. After the issuance of shares to specific objects is completed, the new shares subscribed by the issuance objects shall not be transferred within 6 months from the date of listing.

As a part of the transaction, the company paid CNY 13,604,889.01 as issuance fee. The transaction will include participation from new investors, Zhongtai Securities (Shanghai) Asset Management Co., Ltd. for 16,685,082 shares, Nuode Asset Management Co., Ltd. for 4,419,889 shares, Hangzhou Qianxiang Private Equity Fund Management Co., Ltd. for 3,867,403 shares, Sunshine Asset Management Co., Ltd. for 3,867,403 shares, Zhu Fuqiang for 5,524,861 shares China Life Pension Insurance Co., Ltd. for 3,867,403 shares, Dacheng Fund Management Co., Ltd. for 10,165,745 shares, Linhai Financial Investment Co., Ltd. for 3,867,403 shares, Harvest Fund Management Co., Ltd. for 16,132,596 shares, GF Fund Management Co., Ltd. for 55,248,618 shares, Taizhou Financial Holdings Asset Management Co., Ltd. for 7,734,806 shares, Taizhou Development Investment Group Co., Ltd. for 707,188 shares.