Legal analysis: the process of subscription of new shares refers to that investors pay the subscription money and entrust the subscription during the subscription period. The process is as follows: 1. Investors apply for subscription, and pay the subscription fee in full and entrust the subscription within the subscription period; 2. Freezing funds: China Clearing Company freezes subscription funds; 3. Verify the number of rights issues; 4. Draw lots to announce the winning rate; 5. Announce the winning results the next day, and announce the winning numbers and funds. The unsuccessful part of the purchase funds will be frozen.
Legal basis: Article 133 of the Company Law of People's Republic of China (PRC). When the company issues new shares, the shareholders' meeting shall make resolutions on the following matters:
(a) the types and quantity of new shares;
(2) the issue price of new shares;
(3) the starting and ending dates of the issuance of new shares.
(4) The type and amount of new shares to be issued to the original shareholders.