On February 24, 2021, closed the transaction. The company issued 11,715,246 shares at a price of CNY 35.68 per share for gross proceeds of CNY 417,999,977.28 in the transaction. The company paid issuance cost of CNY 13,809,194.11 and received net proceeds of CNY 404,190,783.17 in the transaction.

As a result, company's share capital has increased by CNY 11,715,246. The transaction included participation from Qingli Investment Management (Shanghai) Co., Ltd.-Qingli Changxing Private Equity Investment Fund for 812,780 shares for gross proceeds of CNY 28,999,990.40, Qingli Investment Management (Shanghai) Co., Ltd.-Qingli Yinan Private Equity Securities Investment Fund for 588,565 shares for gross proceeds of CNY 20,999,999.20, Guosen Securities Co., Ltd. for 840,807 shares for gross proceeds of CNY 29,999,993.76, Hunan Light Salt Venture Capital Management Co., Ltd.-Light Salt Venture Capital Ruijin No. 3 Private Equity Securities Investment Fund for 1,345,291 shares for gross proceeds of CNY 47,999,982.88, Shanghai Licheng Asset Management Co., Ltd.-Licheng New Vision No.

10 Private Securities Investment Fund for 560,538 shares for gross proceeds of CMU 19,999,995.84, Huatai Asset Management Co., Ltd.-Huatai Youyi stock-specific pension product for 840,807 shares for gross proceeds of CNY 29,999,993.76, Tianjin Yixinan Asset Management Co., Ltd.-Yixinan Asset Management Xinan Phase 8 Private Equity Fund for 840,807 shares for gross proceeds of CNY 29,999,993.76, Shanghai Fortune Investment Co., Ltd.-Fortune Investment-Zhiyuan CTA Progressive Sixth Fund for 840,807 shares for gross proceeds of CNY 29,999,993.76, Zhejiang Hongri Baoxi Innovation Investment Management Co., Ltd.-Xiangshan Hongcheng Equity Investment Fund Partnership (Limited Partnership) for 812,784 shares for gross proceeds of CNY 29,000,133.12, Caitong Fund Management Co., Ltd. for shares for gross proceeds of CNY 29,999,993.76, individual investors Gao Lihui for 616,591 shares for gross proceeds of CNY 21,999,966.88, Liang Shaoqun for 1,205,156 shares for gross proceeds of CNY 42,999,966.08, Pu Fan for 980,941 shares for gross proceeds of CNY 34,999,974.88, and Du Weiye for shares for gross proceeds of CNY 20,999,999.20.