On December 20, 2022, Jiangsu Hengli Hydraulic Co.,Ltd closed the transaction. The company issued 35,460,992? shares at an issue price of CNY 56.40 per share for gross proceeds CNY 1,999,999,948.80.

The company incurred total issuance expenses of CNY 10,382,744.64 and raised net proceeds of CNY 1,989,617,204.16 in the transaction.