On December 30, 2022, Henan Ancai Hi-Tech Co.,Ltd closed the transaction. The company amended the terms of the transaction. The company issued 226,356,580 shares at an issue price is CNY 5.16 per share for total gross proceeds of CNY 1,167,999,952.80.

The company incurred total issuance expenses of CNY 7,543,918.91 and raised net proceeds of CNY 1,160,456,033.89 in the transaction.