On May 27, 2024, Changqing Machinery Company Limited closed the transaction. The company announced that it has received issued 33,955,857 shares, the issue price of each share being CNY 11.78, the total amount of funds raised were CNY 399,999,995.46, after deducting various issuance expenses (excluding tax) of CNY 7,641,509.42, the company's actual net raised funds were CNY 392,358,486.04.