Core Points - Shandong Xintong Electronics Co., Ltd. has received approval for its initial public offering (IPO) and listing on the main board of the Shenzhen Stock Exchange [1][2] - The total number of shares to be issued is 39 million, with a price set at RMB 16.42 per share [1][2] - The IPO will involve a combination of strategic placement, offline issuance, and online issuance [1][2] Strategic Placement - The initial strategic placement quantity is 7.8 million shares, accounting for 20% of the total issuance [2] - The shares allocated to senior management and core employees' asset management plans total 3.806333 million shares, approximately 9.76% of the total issuance [2] - Other strategic investors will receive 3.993667 million shares, about 10.24% of the total issuance [2] Issuance Structure - Before the implementation of the allocation mechanism, the offline initial issuance quantity is 18.72 million shares (60% of the remaining shares), and the online initial issuance quantity is 12.48 million shares (40% of the remaining shares) [2] - The final issuance quantities for both online and offline will be determined based on the allocation mechanism [2][7] Subscription and Payment Process - Investors must ensure that subscription funds are fully paid by June 24, 2025, or their allocation will be invalidated [3][4] - The offline portion has a lock-up period where 90% of the shares will be unrestricted, while 10% will have a 6-month lock-up period [4] - Strategic placement shares have varying lock-up periods: 12 months for management and core employees, and 18 months for other strategic investors [5] Online Subscription Details - The online issuance received 12,761,361 valid applications, with a total of shares applied for being significantly high [6] - Due to the high demand, the allocation mechanism was activated, resulting in 2,496 million shares allocated online and 624 million shares allocated offline after the adjustment [7]
信通电子: 首次公开发行股票并在主板上市网上申购情况及中签率公告
Zheng Quan Zhi Xing·2025-06-22 13:07