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Changxin Technology's Strategic Placement Shares Halved to 1.667B Shares

2026-07-21 15:30:56

According to Odaily Daily Planet and Jin10, the final allocation results for Changxin Technology's strategic placement have been announced. The 30 strategic subscribers' initial allocation was 3.344 billion shares, but the actual final subscription amount was 1.667 billion shares—approximately a 50% reduction. However, the actual subscription amount remained at the originally committed 14.437 billion yuan despite the share count decrease. The difference in shares was redirected to public offerings, significantly improving the lottery winning rate for retail investors.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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