Key Points - The core point of the article is the announcement of the online issuance of shares for Beijing Yitang Semiconductor Technology Co., Ltd., detailing the subscription process, pricing, and eligibility criteria for investors [1][2][33]. Subscription Details - The subscription date for the online issuance is set for June 27, 2025, with specific time slots for investors to express their subscription intentions [1]. - The issuance price is fixed at 8.45 yuan per share, and investors must adhere to this price when subscribing [2]. - The subscription abbreviation is "Yitang Subscription," and the code is "787729" [3]. Eligibility and Participation - Eligible participants include individuals and entities with a valid Shanghai Stock Exchange account and those who have opened a Sci-Tech Innovation Board trading permission [4]. - Investors must hold an average market value of at least 10,000 yuan in non-restricted A-shares or depository receipts over the 20 trading days prior to June 25, 2025, to qualify for subscription [10]. Subscription Process - The initial online issuance quantity is set at 41.378 million shares, and the subscription will be conducted through the Shanghai Stock Exchange trading system [5]. - Investors can only choose either offline or online subscription methods, and any simultaneous participation in both will render the online subscription invalid [6]. - Each subscription unit consists of 500 shares, and the maximum subscription amount cannot exceed 41,000 shares [6]. Payment and Settlement - Investors are not required to pay subscription funds on the subscription day, but must ensure sufficient funds in their accounts by July 1, 2025, based on the lottery results [8][23]. - The settlement and registration of the new shares will be handled by China Securities Depository and Clearing Corporation Limited [26]. Underwriting and Issuance Management - The lead underwriters for this issuance are Guotai Junan Securities Co., Ltd. and China International Capital Corporation [33]. - If the total subscription amount does not meet 70% of the total issuance after deducting strategic placements, the issuance may be suspended [28][30].