On October 11, 2023, Goody Science and Technology Co., Ltd. closed the transaction. The company issued 165,888,000 shares at an issue price of CNY CNY 2.82 per share for gross proceeds of CNY 467,804,160. The company has disclosed the issue expenses of CNY 8,538,447.70.

The company has disclosed the sponsorship and underwriting fees of CNY 7,061,194.87 and the other issuance fees directly related to the issuance of equity securities amounting to CNY 1,477,252.83. The net proceeds amount to CNY 459,265,712.30; in which CNY 165,888,000.00 shall be as registered capital, while CNY 293,377,712.30 shall be as capital premium. After the transaction, the buyer shall have 165,888,000 shares, which is 23.08% of the total share capital of the target company and shall then become its controlling shareholder.