On March 19, 2021, Shanghai Golden Bridge Info Tech Co., Ltd. (SHSE:603918) closed the transaction. The company issued 46,633,418 shares at issue price of CNY 7.65 per share for gross proceeds of CNY 356,745,647.7 in the transaction. The transaction included participation from Shanghai Yunxin Venture Capital Co., Ltd. for 15,686,274 shares for gross proceeds of CNY 119,999,996.10, Zhou Zhe for 3,398,692 shares for CNY 25,999,993.80, Zhou Ying for 2,052,287 shares for CNY 15,699,995.55, Zhang Qizhi for 3,921,568 for CNY 29,999,995.20, Guo Xinfu for 10,457,516 shares for CNY 79,999,997.40, Lin Guanyu for 2,091,503 shares for CNY 15,999,997.95, Sun Xuecheng for 1,699,346 shares for CNY 12,999,996.90, Wu Jianxin for 3,921,568 shares for CNY 29,999,995.20, Xie Kai for 1,712,418 shares for CNY 13,099,997.70, Zhang Jianjun for 846,123 shares for CNY 6,472,840.95, and Wu Zhiping for 846,123 shares for CNY 6,472,840.95. The shares issued shall have a hold period of 6 months from the closing of the transaction. The company incurred issuance cost of CNY 9,543,098.08 in relation to the transaction. Of the total capital increase, CNY 46,633,418 is included in the paid up share capital and CNY 300,569,131.62 is included in capital reserve of the company.