On December 15, 2021, Shenzhen Auto Electric Power Plant Co.,Ltd closed the transaction. The company has amended the terms of the transaction. The company has issued 27,208,770 shares at a price of CNY 13.22 for gross proceeds of CNY 359,699,939.40.

The transaction included participation from Caitong Fund Management Co., Ltd. for CNY 75,199,987, The Pacific Securities Co., Ltd for CNY 19,999,995, JPMorgan Chase Bank, National Association, Asset Management Arm for CNY 32,999,988, Nuode Fund Management Co., Ltd. for CNY 21,499,990, Jiuyou Investment No. 3 Private Equity Securities Investment Fund and Jiuyou Investment No. 4 Private Equity Securities Investment Fund for CNY 69,999,992 each, individual investors, Lin Jintao, Jiang Hong for CNY 19999995 each and Xiaoxia for CNY 30,000,000.