Svmuu News: According to an announcement by Changxin Technology, the issuer and the joint lead underwriters will conduct the lottery drawing ceremony for the online subscription of this offering on the morning of July 17 (T+1), and the results of the online lottery will be announced on the Shanghai Stock Exchange website on July 20 (T+2). Changxin Technology reminds investors to pay close attention to the payment phase of this offering and to fulfill their payment obligations promptly on July 20 (T+2).
Offline investors should, in accordance with the "Announcement on Preliminary Offline Allocation Results and Online Lottery Results," promptly and in full pay the subscription funds for the new shares at the final determined issue price of 8.66 yuan per share and in accordance with the allocated quantity. The subscription funds must be credited to the account by 4:00 p.m. on July 20 (T+2). Retail investors who are allocated new shares through the online subscription must fulfill their payment and settlement obligations in accordance with the “Announcement on Preliminary Offline Allocation Results and Online Allocation Results,” ensuring that their funding accounts have sufficient funds for the new share subscription by the end of the business day on July 20 (T+2). Any shortfall will be deemed a waiver of the subscription. (Yicai)