On November 3, 2022, Jilin Jlu Communication Design Institute Co., Ltd closed the transaction. The company has issued 32,570,030 shares at an issue price of CNY 6.55 per share for proceeds of CNY 213,333,696.50. The investor included participation from Nuode Asset Management Co., Ltd. for 12,671,755 shares for 4.65% stake, China Asset Management Co., Ltd. for 8,549,618 shares for 3.14% stake, Zhangjiagang Jinke Venture Capital Co., Ltd. for 2,188,353 shares, Guangdong Zhenyuan Private Fund Management Co., Ltd. for 1,068,702 shares, Shanghai Wuxu Asset Management Co., Ltd. for 1,068,702 shares, also included individual investors Li Tianhong for 3,664,122 shares, Zhuang Li for 1,221,374 shares, Dong Weiguo for 1,068,702 shares and Lin Jintao for 1,068,702 shares.

The company has received net proceeds of CNY 200,718,923.62. The company has paid issuance fee of CNY 12,614,772.88 in the transaction.