On January 3, 2017, Jiangxi Zhengbang Technology Co., Ltd. (SZSE:002157) closed the transaction. The company amended the terms of the transaction on the same date. The company issued 276,290,032 shares at CNY 6.10 per share for gross proceeds of CNY 1,685,369,195.20.

The company incurred issue expenses of CNY 24,190,720.37 and received net proceeds of CNY 1,661,178,474.83 from the transaction. The transaction included participation from Caitong Fund Management Co., Ltd. for 90,983,606 shares, Pingan Uob Fund Management Co., Ltd. for 36,065,573 shares, Beixin Ruifeng Fund Management Co., Ltd. for 35,901,639 shares, and other investors. The shares will carry a lock in period of 12 months from the registration date of the shares.