On August 31, 2020, Shenzhen Yinghe Technology Co., Ltd (SZSE:300457) closed the transaction. The company issued 88,378,258 A shares at CNY 22.63 per share for gross proceeds of CNY 1,999,999,978.54. The company received net proceeds of CNY 1,933,679,979.22 after deducting issuance cost of CNY 66,319,999.32 in the transaction.

Of the total proceeds, CNY 88,378,258 pertains to registered capital and the balance of CNY 1,849,055,683.45 as capital reserve.