On January 17, 2023, Jinzai Food Group Co.,Ltd. closed the transaction. The transaction included participation from returning individual investor, Zhou Jingsong subscribed 47,899,159 A shares for 7.34% stake in the company. The investors have subscribed total 172,325,527 A shares of the company, accounting for 38.2% of the company's total share capital.

After deducting the expenses related to the transaction which includes underwriting sponsorship fees of CNY 6,000,000, audit and capital verification costs of CNY 283,018.86, lawyer's fee CNY 377,358.5, information disclosure fees and Issuance fees for this issuance for CNY 199,645.92, the net proceeds raised by company was CNY 278,139,972.77 in the transaction.