On August 18, 2021, Xi'an Tianhe Defense Technology Co., Ltd. closed the transaction. The company issued 38,587,311 shares at a price of CNY 15.29 per share for gross proceeds of CNY 589,999,985.19 in the transaction. The transaction included participation from Shaanxi Financial Assets Management Co., Ltd. for CNY 39,999,985.52, Qingdao Zhongshi Jiasheng Equity Investment Management Center (Limited Partnership), a fund managed by Zhongshi Fortune (Beijing) Investment Fund Management Co., Ltd. for CNY 29,999,989.14, Ningju Yingshanhong No. 9 Private Securities Investment Fund, a fund managed by Ningbo Ningju Asset Management Center (Limited Partnership) for CNY 19,999,992.76, Nuode Asset Management Co., Ltd. for CNY 11,200,047.32, new investors China Galaxy Securities Co., Ltd., Investment Arm for CNY 101,999,987.54 for a 1.29% stake, Caitong Fund Management Co., Ltd. for CNY 66,799,991.72 for a 0.84% stake and new individual investors Chen Chuanxing for CNY 169,999,999.62 for a 2.15% stake and Xu Guoxin for CNY 149,999,991.57 for a 1.9% stake. The company received net proceeds of CNY573,363,727.96 after deducting issuance fees.