Group 1 - The issuance of shares by Xinhenghui Electronics Co., Ltd. is set to take place, with the lead underwriter being Founder Securities Co., Ltd. [11] - The offline subscription will have a maximum elimination ratio of 3% for the highest bids after the initial inquiry, ensuring a fair distribution among qualified investors [1] - The effective bids must meet the determined issuance price and not be part of the eliminated highest bids, allowing only those who submitted valid bids to participate in the offline subscription [2] Group 2 - The lock-up period for offline investors is set at 6 months for 10% of the shares allocated, while 90% will have no restrictions and can be traded immediately upon listing [3] - The minimum market value requirement for offline investors is set at 1 million yuan for certain funds and 6 million yuan for other designated investors, based on their holdings in non-restricted A-shares [4] - Online investors must have an average market value of at least 10,000 yuan in non-restricted A-shares to participate in the online subscription [5] Group 3 - The subscription dates for both offline and online investors are scheduled for June 11, 2025, with specific time slots allocated for each type of subscription [6] - Investors are required to express their subscription intentions independently and cannot delegate this task to brokerage firms [6] - A mechanism for adjusting the scale of offline and online issuance will be implemented based on the subscription results [6] Group 4 - Offline investors must pay for their allocated shares by June 13, 2025, and are responsible for ensuring that their payments are correctly processed [7] - Any shares that are not subscribed by offline and online investors will be underwritten by the lead underwriter [8] - If the total subscriptions fall below 70% of the public offering amount after deducting strategic placements, the issuance will be suspended [8] Group 5 - Investors who fail to fulfill their subscription obligations may face penalties and be reported to the China Securities Association [8][9] - Continuous defaults on payments for online subscriptions may result in a ban from participating in future offerings for a specified period [9] - The company acknowledges the inherent risks associated with the ChiNext market, which includes high operational risks and potential instability in performance [10]