On October 27, 2023, Beijing Waluer Information Technology Co., Ltd. closed the transaction. The company issued 1,925,816 CNY ordinary shares to 5 specific investors, raising a total of CNY 78,399,969.36. After deducting the tax-exclusive issuance expenses of CNY 5,521,823.09, the actual net raised funds were CNY 72,878,146.27, of which CNY 1,925,816.00 was included in share capital and CNY 70,952,330.27 was included in capital reserves.