Core Points - The application for the initial public offering (IPO) of Southern Power Grid Digital Grid Research Institute Co., Ltd. has been approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission [1] Group 1 - The IPO will allow online investors to subscribe to shares without any restrictions on circulation or lock-up periods, enabling immediate trading upon listing [2] - Investors who fail to pay for shares after winning a subscription three times within 12 months will be prohibited from participating in future online subscriptions for a period of 180 days [2] - The announcement serves as a notification for online investors who have participated in the subscription and won shares, detailing the process for payment and the number of winning shares [3] Group 2 - A total of 195,483 winning numbers were announced, with each winning number allowing the subscription of 500 shares of Southern Power Grid Digital A-shares [3] - The lottery for the online issuance was conducted in a public, fair, and just manner, supervised by a notary from the Shenzhen Luohu Notary Office [3]