TechFlow News, July 20, Changxin Technology released the announcement on preliminary offline allocation results and online winning numbers for its initial public offering and listing on the STAR Market, announcing that the payment and allocation work for the strategic placement of this issuance has been completed. All investors participating in the strategic placement of this issuance have participated in the strategic placement of this issuance as committed. The initial strategic placement quantity for this issuance was 334,404.4304 million shares, accounting for 50.00% of the initial issuance quantity, and approximately 43.48% of the total number of shares issued after the full exercise of the over-allotment option. The subscription funds committed by investors participating in the strategic placement have been fully remitted to the bank account designated by CICC within the prescribed time. After the strategic placement clawback, before the online-offline clawback mechanism is initiated, and after the over-allotment is enabled, the initial online issuance quantity was 334,900.1000 million shares, accounting for approximately 55.59% of the issuance quantity after exercising the over-allotment option and deducting the final strategic placement quantity.
10,907 valid quotation allocation objects managed by 285 offline investors all conducted offline subscription in accordance with the requirements of the "Issuance Announcement". The effective offline subscription quantity was 123,822,210 million shares, among which Class A investors' effective subscription shares were 107,837,530 million shares, accounting for 87.09% of the effective offline subscription quantity; Class B investors' effective subscription shares were 15,984,680 million shares, accounting for 12.91% of the effective offline subscription quantity.
