江苏锡华新能源科技股份有限公司首次公开发行股票并在主板上市网上发行申购情况及中签率公告

Core Viewpoint - Jiangsu Xihua New Energy Technology Co., Ltd. has received approval for its initial public offering (IPO) of RMB ordinary shares (A-shares) and will be listed on the main board of the Shanghai Stock Exchange [1] Group 1: IPO Details - The company plans to issue 100 million shares, representing 21.74% of the total share capital post-issuance [2] - The initial strategic placement was set at 30 million shares, accounting for 30% of the total issuance, with the final strategic placement adjusted to approximately 28.50% [2] - The final issuance price is set at RMB 10.10 per share, with 21 million shares to be issued on December 12, 2025 [2] Group 2: Subscription and Payment - Investors must fulfill payment obligations by December 16, 2025, with specific instructions for both offline and online investors regarding payment procedures [3] - If the total subscription from offline and online investors does not meet 70% of the adjusted issuance quantity, the underwriters will underwrite the unsubscribed shares [4] Group 3: Issuance Structure and Mechanism - The offline issuance will have a lock-up period of 6 months for 10% of the shares, while 90% will be tradable immediately after listing [5] - A mechanism is in place to adjust the allocation between offline and online subscriptions based on demand, with a significant oversubscription ratio of 7,423.41 times leading to a reallocation of shares [8] - The final online subscription rate after the adjustment is 0.03181828% [9] Group 4: Lottery and Announcement - The online lottery for share allocation will take place on December 15, 2025, with results announced the following day [10]