On March 18, 2024, China Machinery Huanyu (Shandong) Vehicle Certification and Testing Co., Ltd. closed the transaction. The company received CNY 501,917,010.34 in its first tranche, which includes China Machinery Huanyu Certification and Inspection Co., LTD for CNY 426,629,458.79 and Dezhou Jianneng Industrial Group Co., Ltd. for CNY 75,287,551.55 and CNY 351,341,907.24 in its second tranche, includes China Machinery Huanyu Certification and Inspection Co., LTD for CNY 298,640,621.15 and Dezhou Jianneng Industrial Group Co., Ltd. for CNY 52,701,286.09, bringing a total funding of China Machinery Huanyu Certification and Inspection Co., LTD for CNY 725,270,100 and Dezhou Jianneng Industrial Group Co., Ltd. for CNY 12,798,880,000 in the transaction.