On September 27, 2021, Shinry Technologies Co., Ltd. closed the transaction. The company announced that it has issued 8,714,526 shares at an issue price of CNY 29.25 per share for gross proceeds of CNY 254,899,885.50 in the transaction. The transaction included participation from Caitong Fund Management Co., Ltd. for 1,357,264 shares for proceeds of CNY 39,699,972; Zhongjue Zengli No. 2 Private Securities Investment Fund, a fund managed by Anhui Zhongjue Investment Management Co., Ltd. for 1,258,119 shares for proceeds of CNY 36,799,980.75; Xiamen Inamoto Investment Co., Ltd. for 1,196,581 shares for proceeds of CNY 34,999,994.25 and other investors.