Core Viewpoint - The application for the initial public offering (IPO) of Southern Power Grid Digital Research Institute Co., Ltd. has been approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission, indicating a significant step towards its listing on the Growth Enterprise Market [1][2]. Group 1: IPO Details - The company plans to issue a total of 476.947534 million shares, which will represent approximately 15.00% of the total shares post-issuance, with all shares being newly issued and no existing shareholders selling shares [1]. - The initial strategic placement will consist of 238.473767 million shares, accounting for 50% of the total issuance, with the underwriter's related subsidiaries participating with 3% of the total issuance [2]. - The final allocation of shares for offline and online issuance will be determined based on the strategic placement results, with the total offline and online issuance quantities to be announced on November 11, 2025 [2]. Group 2: Investor Engagement - The company and its underwriter will hold an online roadshow to provide investors with insights into the company's situation, development prospects, and details regarding the IPO application [3]. - The online roadshow is scheduled for November 6, 2025, from 14:00 to 17:00, and will feature key members of the company's management and representatives from the underwriter [3].