Core Viewpoint - The company, Southern Power Grid Digital Research Institute Co., Ltd., has received approval for its initial public offering (IPO) of A-shares on the ChiNext board, with a total issuance of 476.947534 million shares at a price of RMB 5.69 per share [1][2]. Group 1: Issuance Details - The total number of shares for this issuance is set at 476.947534 million shares, with the initial strategic placement accounting for 50% of the total shares [2]. - The final strategic placement quantity is 226.713529 million shares, approximately 47.53% of the total issuance, with the difference being allocated to offline issuance [2]. - The offline initial issuance quantity is 202.539505 million shares, representing about 80.94% of the remaining shares after the final strategic placement [2]. Group 2: Subscription and Payment Process - Investors who are allocated shares must ensure that their subscription funds are fully paid by November 11, 2025, or their allocation will be rendered invalid [3][4]. - The online issuance shares have no restrictions on circulation and can be traded immediately upon listing [5]. - Offline investors are required to hold 10% of their allocated shares for a six-month lock-up period, while strategic placement investors have a lock-up period of 18 to 36 months depending on the investor [6]. Group 3: Subscription Statistics - The effective number of subscription accounts for the online issuance reached 13,154,839, with a total of 269.687992 billion shares applied for [8]. - The initial effective subscription multiple was 5,654.48830 times, leading to the activation of a mechanism to reallocate shares from offline to online issuance [9]. - The final online issuance quantity after the reallocation is 97.741500 million shares, with a final winning rate of approximately 0.0362% [9]. Group 4: Lottery and Announcement - The lottery for the online subscription will take place on November 10, 2025, with results announced on November 11, 2025 [10].

● 星期五 11月 O 今日中签缴 .. 令日 令日电 股 南网数字 301638 深 创 5.69 发行/行业市盈率 32.22/71.22 申购上限 4.75万股 发行价(元) 股 冒坤新材 787727 用 科 14.99 发行/行业市盈率 71.42/60.47 申购上限 1.05万股 发行价(元) 直接钙债 371398 深 收起(^) 免责声明 投资有风险，入市需谨慎。本内容不构成任何投资建议。投 资者不应以该等信息取代其独立判断或仅根据该等信息做出 决策。申万宏源对这些信息的准确性或完整性不作保证，亦 不对因使用该等信息而引发或可能引游艇赢家登录品 债 | 100.00 | 转股价(元) 52.30 | | | --- | --- | --- | | | 正股名称 | 星源卓镁 | | 发行价(元) | 债券评级 | A+ | ...

Core Points - The company, Nanfang Digital (301638.SZ), has announced the issuance price of 5.69 yuan per share for its upcoming offering [1] - The offline issuance will no longer conduct cumulative bidding inquiries [1] - Investors are required to subscribe at this price on November 7, 2025, without the need to pay subscription funds at the time of application [1] Subscription Details - Both offline and online subscription dates are set for November 7, 2025 [1] - The offline subscription time is from 9:30 to 15:00, while the online subscription time is from 9:15 to 11:30 and 13:00 to 15:00 [1]

Core Points - The company, Nanwang Digital (301638), has announced the issuance price of 5.69 yuan per share for its upcoming offering [1] - The offline issuance will no longer conduct cumulative bidding inquiries, simplifying the process for investors [1] - Both offline and online subscription dates are set for November 7, 2025, with specific time slots for each [1] Subscription Details - The offline subscription time is from 9:30 AM to 3:00 PM, while the online subscription time is from 9:15 AM to 11:30 AM and 1:00 PM to 3:00 PM [1] - Investors are not required to pay subscription funds at the time of application [1]