ME News reports that, on July 19 (UTC+8), according to an announcement by CXMT, the issuer and joint lead underwriters conducted the online subscription lottery on the morning of July 17 (T+1 day), and will publish the results of the online lottery on the Shanghai Stock Exchange website on July 20 (T+2 day). CXMT advises investors to pay close attention to the payment process for this offering and fulfill their payment obligations promptly on July 20 (T+2 day). Offline investors shall, based on the “Announcement of Preliminary Allocation Results for Offline Investors and Online Lottery Results” on July 20 (T+2 day), promptly and fully pay the subscription funds for new shares at the final determined price of RMB 8.66 per share, multiplied by the allocated quantity. Subscription funds must be credited to the designated account by 16:00 on July 20 (T+2 day). Online investors who win the lottery for new shares must fulfill their payment obligations in accordance with the “Announcement of Preliminary Allocation Results for Offline Investors and Online Lottery Results,” ensuring that their fund accounts have sufficient funds to cover the new share subscription by the end of July 20 (T+2 day); any shortfall will be deemed as abandonment of subscription. (Source: ODAILY)
CXTECH Announces Online Subscription Lottery Results to Be Released on July 20
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Summary
Based on on-chain data, CXTECH announced on July 19 (UTC+8) that the online subscription lottery for this issuance was held on July 17 (T+1 day). The online lottery results will be published on the Shanghai Stock Exchange website on July 20 (T+2 day). Investors are reminded to monitor the payment process and complete their payment obligations by July 20. Offline investors must pay the new share subscription funds based on the final issue price of RMB 8.66 per share and the allocated quantity, ensuring funds are received by 16:00 on July 20. Online investors who win the lottery must also ensure sufficient funds are available in their accounts by the end of July 20 to avoid being deemed as having abandoned their subscription.
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