Group 1: Market Dynamics - 21 new private placement projects were added in the last two weeks, a 10.53% increase from the previous period[5] - 10 projects were terminated, marking a 42.86% increase in terminations[5] - The number of projects awaiting approval stands at 598, with 60 projects having passed the review and registration process[5] Group 2: Fundraising and Pricing - The total fundraising amount for the 9 projects listed in the last two weeks reached 5.362 billion yuan, a 286.83% increase[26] - The average base discount rate for competitive projects was 14.88%, up 2.94 percentage points from the previous period[26] - The average subscription success rate for competitive projects dropped to 40.00%, a decrease of 60.00 percentage points[26] Group 3: Unlocking Gains - Among the 5 competitive projects that were unlocked, 4 yielded positive returns, resulting in an 80.00% success rate[42] - The average absolute return on the unlocking day for these projects was 25.30%, with an excess return of 26.87%[42] - The average market price discount rate for unlocked projects was 15.91%, down 1.12 percentage points[42] Group 4: Project Analysis - Long White Mountain aims to raise up to 236 million yuan for tourism-related projects, with a total market value of 8.475 billion yuan[19] - China Energy Construction plans to raise up to 9 billion yuan for multiple renewable energy projects, with a total market value of 80.176 billion yuan[20]