Core Points - Anhui Linping Circular Development 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 [1] - The offering price is set at RMB 37.88 per share, with a total issuance of 1,885.37 million shares, all of which are new shares [2] - The offering will utilize a combination of offline and online issuance methods, with 60% allocated to offline investors and 40% to online investors before the adjustment mechanism is activated [2] Issuance Details - After the activation of the adjustment mechanism, the final issuance quantity for offline investors is 377.12 million shares (20% of total issuance), while online investors will receive 1,508.25 million shares (80% of total issuance) [3] - The final online subscription rate is approximately 0.018888800% [3] Subscription Statistics - Online investors subscribed to a total of 14,986,269 shares, amounting to RMB 567,679,869.72, with 96,231 shares abandoned [5] - Offline investors subscribed to 3,771,200 shares, with a 10% lock-up period for a portion of the shares [6] Underwriting and Fees - The underwriter, Guolian Minsheng Securities, will cover all shares abandoned by investors, totaling 96,231 shares, which is about 0.51% of the total issuance [7] - The total issuance costs amount to RMB 90.0849 million, including underwriting fees, audit fees, legal fees, and other expenses [8]
安徽林平循环发展股份有限公司首次公开发行股票并在主板上市发行结果公告
Shang Hai Zheng Quan Bao·2026-02-04 19:15