Core Viewpoint - The initial public offering (IPO) of Delijia Transmission Technology (Jiangsu) Co., Ltd. has been approved by the Shanghai Stock Exchange and registered by the China Securities Regulatory Commission, with a total issuance of 40,000,100 shares priced at 46.68 yuan per share [1][2][9]. Group 1: Issuance Details - The initial strategic placement was set at 8,000,020 shares, representing 20% of the total issuance, with the final strategic placement amounting to 5,428,446 shares, or 13.57% of the total [2]. - After the strategic placement adjustment, the offline issuance was 24,971,654 shares (72.23% of the remaining shares), while the online issuance was 9,600,000 shares (27.77% of the remaining shares), totaling 34,571,654 shares [2][3]. - The final online issuance had a subscription rate of approximately 9,377.81 times, prompting the activation of the adjustment mechanism, redistributing 1,382,900 shares from offline to online [3]. Group 2: Payment and Subscription Obligations - Investors must fulfill their payment obligations by October 30, 2025, with specific instructions for both offline and online investors regarding the payment process [4][5]. - If the total subscription from offline and online investors does not reach 70% of the available shares, the issuance will be suspended, and further disclosures will be made [5][6]. Group 3: Strategic Placement Participants - Strategic placement participants include management and core employees through asset management plans, as well as large enterprises with strategic cooperation, such as TBEA Group and Goldwind Technology [7][8]. - All strategic placement investors have signed agreements with the issuer, confirming their participation [8]. Group 4: Issuance Results - The total scale of the issuance is approximately 186,720.47 million yuan, with the final strategic placement results confirmed by October 23, 2025 [9][10]. - The online lottery for share allocation will take place on October 29, 2025, with a total of 46,858 winning numbers, each allowing the purchase of 500 shares [10].