Venture(US:VEMLY) Zheng Quan Zhi Xing·2025-05-26 13:18Core Viewpoint - Shenzhen Youyou Green Energy Co., Ltd. has successfully obtained approval for its initial public offering (IPO) and listing on the ChiNext board, with a total issuance of 10.5 million shares priced at RMB 89.60 per share [1][2]. Group 1: Issuance Details - The total number of shares for this issuance is 10.5 million, with a price of RMB 89.60 per share [1]. - The initial strategic placement consists of 2.1 million shares, accounting for 20% of the total issuance [2]. - The final strategic placement includes 948,659 shares allocated to senior management and core employees, representing 9.03% of the total issuance [2]. Group 2: Subscription and Allocation Mechanism - The issuance combines strategic placement, offline inquiries for qualified investors, and online pricing for public investors [2]. - After the strategic placement adjustment, the offline initial issuance is 6,082,681 shares (70.71%), while the online initial issuance is 2,520,000 shares (29.29%) [2]. - The final total issuance for both online and offline will be 8,602,681 shares, subject to adjustments based on the allocation mechanism [2]. Group 3: Payment and Trading Conditions - Investors must ensure sufficient funds in their accounts by May 28, 2025, to fulfill their subscription obligations [3][4]. - Shares from the public offering will be tradable on the Shenzhen Stock Exchange starting from the listing date [4][5]. - Offline investors are subject to a lock-up period of 6 months for 10% of their allocated shares, while 90% will have no restrictions [5]. Group 4: Subscription Statistics - The effective number of subscription accounts for the online offering reached 51,221,295, with a subscription multiple of 10,162.96 times [6][7]. - The final online subscription rate after the adjustment is set at 49.30% of the total issuance [7].