On July 3, 2023, Broadex Technologies Co., Ltd. closed the transaction. On the same date, the company amended the terms of the transaction. The company has issued 22,000,000 ordinary shares, with a face value of CNY 1 per share, at an issue price of CNY 17.35 per share for the gross proceeds of CNY 381,700,000.

The company has paid CNY 9,759,966.16 for tax-excluded issuance expenses. As a part of the transaction, the company included CNY 22,000,000 in share capital and CNY 349,940,033.84 in the capital reserve. The registration, custody and sales restriction procedures will be completed at the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited.