On July 15, 2021, TKD Science and Technology Co.,Ltd. closed the transaction. The company has amended the terms of the transaction. The company will now issue 24,587,769 Shares at an issue price of CNY 26 per share for the gross proceeds of CNY 639,281,994.

The transaction included participation from existing investor, UBS Group AG for 1,346,153 for gross proceeds of CNY 34,999,978, individual investors, Wu Bing for 2,307,692 for gross proceeds of CNY 59,999,992, Cornerstone Value Discovery No. 1 Private Investment Fund, Cornerstone Value Discovery No. 3 Private Investment Fund, fund managed by Costone Asset Management(Shanghai) Co., Ltd., for 1,153,846 for CNY 29,999,996, Cicc Futures Company Ltd. for 1,126,241 shares for CNY 29,282,266, Guo Weisong for 769,230 for gross proceeds of CNY 19,999,980 and other investors.

Post completion the transaction, UBS AG will own 2,104,816 shares, accounting for 1.06% stake, Jiang Mengjin will own 1,923,076 shares, accounting for 0.97% stake, Wen Meihua will own 4,615,384 Shares, accounting for 2.33% stake. The company will pay issue fee of CNY 8,283,165.80 in the transaction.