Changxin Technology announced that the company's initial public offering of shares and the over-allotment option to be listed on the Science and Technology Innovation Board has been fully exercised, corresponding to the issuance of 1.003 billion additional shares, increasing the total share capital to 67.884 billion shares. Since the stock prices were all higher than the issue price of 8.66 yuan/share during the exercise period, CICC, as the authorized co-lead underwriter of this offering, did not use the funds obtained from the over-allotment of this offering to buy the shares issued from the secondary market through bidding transactions.

Zhitongcaijing · 1d ago
Changxin Technology announced that the company's initial public offering of shares and the over-allotment option to be listed on the Science and Technology Innovation Board has been fully exercised, corresponding to the issuance of 1.003 billion additional shares, increasing the total share capital to 67.884 billion shares. Since the stock prices were all higher than the issue price of 8.66 yuan/share during the exercise period, CICC, as the authorized co-lead underwriter of this offering, did not use the funds obtained from the over-allotment of this offering to buy the shares issued from the secondary market through bidding transactions.