Shang Hai Zheng Quan Bao·2025-12-11 18:49Core Viewpoint - Nabaichuan New Energy Co., Ltd. has received approval for its initial public offering (IPO) of up to 27.9174 million shares on the ChiNext board, with a determined issue price of RMB 22.63 per share [1][4]. Group 1: Issuance Details - The IPO will consist of strategic placement, offline issuance to qualified investors, and online issuance to the public [1]. - The initial strategic placement was set at 5.58348 million shares, representing 20% of the total issuance, which was later adjusted to 4.18761 million shares, or 15% of the total [2][5]. - The offline initial issuance was 17.02979 million shares, accounting for 71.77% of the total issuance after deducting the final strategic placement [3]. Group 2: Subscription and Allocation - The final allocation after the strategic placement and the initiation of the online-offline allocation mechanism resulted in 1,228.3790 million shares for offline and 1,144.6000 million shares for online issuance [3]. - The online subscription saw an effective application multiple of 11,468.06724 times, leading to a decision to initiate the allocation mechanism [3]. - The final online issuance rate was 0.0148966532%, with an effective subscription multiple of 6,712.917722 times [3]. Group 3: Financial Statistics - The total amount raised from online investors was RMB 257,938,640.92, with 11,398,084 shares subscribed [8]. - Offline investors subscribed for 12,283,790 shares, raising RMB 277,982,167.70, with no shares being abandoned [8]. - The underwriter, Zheshang Securities, will underwrite all shares not subscribed by online investors, totaling 47,916 shares [7].