On September 20, 2023, Ningbo Ronbay New Energy Technology Co., Ltd. closed the transaction. The company now issued 31,681,102 A shares at an issue price of CNY 42.11 for the gross proceeds of CNY 1,334,091,205.22. The company has disclosed the issue expenses of CNY 9,186,922.96.

The transaction included participation from new inventors Guotai Junan Securities Co., Ltd. for 4,678,223 shares for CNY 196,999,970.53, Nuode Asset Management Co., Ltd. for 3,562,099 shares for CNY 149,999,988.89, The Hongkong and Shanghai Banking Corporation Limited for 3,300,878 shares for CNY 138,999,972.58, AEGON-Industrial Fund Management Co. Ltd. for 3,229,636 shares for CNY 135,999,971.96, Zhejiang Shengai Industry Development Partnership Enterprise (L.P.) for 2,374,732 shares for CNY 99,999,964.52, Cinda Securities Co., Ltd. (Cinda Securities Fengyi No. 6 Single Asset Management Plan) for 2,374,732 shares for CNY 99,999,964.52, China Life Asset Management - Bank of China - China Life Asset - PIPE2020 Insurance Asset Management Products for 2,018,522 shares for CNY 84,999,961.42, Morgan Stanley & Co.

International Plc for 1,996,949 shares for CNY 84,091,522.39, CITIC Securities Company Limited for 1,947,280 shares for CNY 81,999,960.80, Guotai Junan Asset Management (Asia) Co., Ltd. for 1,567,323 shares for CNY 65,999,971.53, Lishui Fuchu Equity Investment Partnership Enterprise (Limited Partnership) for 1,543,576 shares for CNY 64,999,985.36, Truvalue Asset Management Co.,Ltd. for 1,543,576 shares for CNY 64,999,985.36 and Shanghai Guotai Junan Securities Asset Management Co., Ltd. for 1,543,576 shares for CNY 64,999,985.36.