Venture(US:VEMLY) Zheng Quan Shi Bao Wang·2024-12-08 17:30Core Viewpoint - Zhejiang Lanyu Digital Technology Co., Ltd. has received approval for its initial public offering (IPO) of up to 20 million shares at a price of RMB 23.95 per share, combining strategic placement, offline issuance, and online issuance methods [1][3]. Group 1: Issuance Details - The IPO will consist of 20 million shares, with a price set at RMB 23.95 per share [1]. - The issuance will be conducted through a combination of strategic placement, offline issuance to qualified investors, and online issuance to the public [1]. - The initial offline issuance quantity is 14.3 million shares (71.50%), while the online issuance quantity is 5.7 million shares (28.50%) before any adjustments [3]. Group 2: Subscription and Payment - Investors must ensure timely payment for their subscriptions by December 10, 2024, or risk invalidating their allocations [4]. - Online investors must have sufficient funds in their accounts by the end of December 10, 2024, to avoid forfeiting their subscriptions [4]. Group 3: Lock-up Period and Trading - Online issued shares will have no trading restrictions and can be traded immediately upon listing [5]. - For offline investors, 10% of the allocated shares will be subject to a six-month lock-up period, while 90% will be tradable immediately [5]. Group 4: Subscription Statistics - The online issuance received 11,971,588 valid applications, totaling 57,535,662,500 shares, with a total of 115,071,325 allocation numbers [8]. - The initial online subscription multiple was 10,093.97588 times, leading to a decision to implement a 20% (4 million shares) allocation from offline to online [9]. - The final online issuance quantity after adjustments is 9.7 million shares, with a winning rate of 0.0168591089% [9]. Group 5: Lottery and Announcement - The lottery for online subscriptions will take place on December 9, 2024, with results announced on December 10, 2024 [10].