Venture(US:VEMLY) Sou Hu Cai Jing·2025-09-10 23:12Core Viewpoint - Yunhan Chip City (Shanghai) Internet Technology Co., Ltd. is preparing for its initial public offering (IPO) and listing on the ChiNext board, following various regulatory guidelines and rules set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange [1][2]. Group 1: Issuance Process - The issuance will be conducted through a combination of strategic placement, offline inquiry placement, and online issuance to public investors holding non-restricted A-shares and non-restricted depositary receipts [2][3]. - The strategic placement will involve the company's senior management and core employees participating through a special asset management plan, along with potential investments from the sponsor's related subsidiaries [3][4]. - The pricing for the offline issuance will be determined directly through preliminary inquiries, eliminating the need for cumulative bidding [4]. Group 2: Investor Participation - Investors are encouraged to pay close attention to the issuance methods, processes, and mechanisms for subscription and payment, as well as the handling of abandoned shares [2][3]. - The total number of shares allocated to strategic placement investors, subscription amounts, and holding periods will be disclosed in the issuance announcement [4].