On April 18, 2024, Guangzhou Shunwei New Energy Vehicles Co., Ltd. closed the transaction. The company amended the terms of the transaction. The company will receive CNY 20 million in round of funding and the company's registered capital is increase from CNY 210 million to CNY 230 million.

The transaction has been approved by the seventh meeting of the sixth board of directors and the fifth meeting of the sixth board of supervisors in the company.