On January 10, 2023, Wuchan Zhongda Geron Co.,Ltd. closed the transaction. The company issued 31,070,831 A shares at a price of CNY 10.23 per share for proceeds of CNY 317,854,601.13. The transaction included participation from returning investors Wuchan Zhongda Yuantong Industrial Corporation for 21,749,582 shares and 23.61% stake and Wuchan Zhongda (Zhejiang) Industrial Investment Co., Ltd. for 9,321,249 shares and 10.12% stake.

The company has paid CNY 6,967,924.53 issuance fee under the transaction and received CNY 310,886,676.60 net proceeds.