On September 15, 2023, Thinkon Semiconductor Jinzhou Corp. closed the transaction. The company issued more than 10,305,736 A shares at an issue price of CNY 29.11 per share for the gross proceeds of CNY 299,999,974.96.

The company has disclosed issue expenses of CNY 3,943,396.22, the actual net amount of funds raised was CNY 296,056,578.74.