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Long Xin Tech Completes Strategic Placement; A-Class Investors Show 87% Subscription Rate

2026-07-20 02:30:58

According to Shanghai Stock Exchange announcement today, Long Xin Tech released its initial public offering network placement results and online lottery results. All 285 institutional investors managing 10,907 effective pricing targets completed their network subscriptions as required, with A-class investors' valid subscription volume reaching 107.84 billion shares, representing 87.09% of total network subscriptions. The strategic placement accounted for 50% of initial issuance, with 334.4 billion shares allocated to strategic subscribers.

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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