How to subscribe for new shares:
1 investor bid
On the day of subscription (T+ 0), investors make subscription according to the issuer's issue price and the issue price and the securities business department of Shanghai Stock Exchange.
Investors who open capital accounts but lack funds must deposit all the subscription funds according to their subscription amount before the subscription date (including that date); Investors who have not yet opened a capital account must open a capital account in SECU. The Book of Rites business department should contact the Shanghai Stock Exchange before the purchase (including the purchase date). The purchase amount is deposited in all purchase funds.
2 freeze funds
On the first day after subscription (T+ 1), the funds of Shanghai Securities Registration and Clearing House were frozen. Due to bank remittance, the purchase funds could not be recorded in time. The withdrawal bank shall provide funds within T+ 1 day, and guarantee to purchase funds on the morning of T+ 2, and freeze interest within one day of purchasing funds.
3 Verification and distribution
On the second day after the subscription date, China Securities Depository and Clearing Shanghai Branch cooperated with the certified public accountants appointed by Shanghai Stock Exchange to check the subscription funds and accounting firms. Issue a capital verification report, and effective use of funds is effective procurement. The issuer shall verify the capital from the capital verification company and be responsible for paying the capital verification fee.
After the effective acquisition is confirmed, SSE Group will issue new shares in the following effective ways:
(1) When the total effective subscription amount is equal to the number of shares issued, investors will subscribe for shares according to their effective subscription amount.
When the total effective subscription amount is less than the effective subscription amount of stocks, investors subscribe for stocks according to the effective subscription amount, and the balance is treated according to the underwriting agreement.
(3) When the total effective subscription amount is greater than the stock issuance, the Shanghai Stock Exchange has a unified continuous issuance code according to the rule of one number per 1000 shares in the trading rules, and announces the proportion. UHH satellite network.
4 jitter symbol
The lead underwriter announces the winning rate on the third day (T+ 3 days) after the subscription, and organizes the lottery according to the total winning number and winning rate, and announces the winning results on the second day. Each signing number can subscribe for 1000 shares. The securities business department shall announce the lottery results on the second day after the lottery.
5 symbol processing
China Securities Depository and Clearing (China) Shanghai Branch will liquidate the new shares on T+3 according to the winning result, and send the winning data to the securities companies participating in the bidding after the closing of the day.
6 funds unfreeze
On the fourth day (T+ 4) after the purchase date, the unsigned part of the purchase will be unfrozen. The subscription fee for new shares is mainly paid by China Securities Depository and Clearing Corporation Shanghai Branch to the lead underwriter.
China Securities Depository and Clearing Shanghai Branch designated the interests of all investors during the subscription period as the special account of China Securities Depository and Clearing Shanghai Branch, which was established by China Securities Depository and Clearing Shanghai Branch. Handle the handover procedures in accordance with relevant regulations.
7 the end of the question
Within the fourth day of the subscription date (after T+ 4 days), after underwriting the subscription funds transferred from the middle suite, the underwriter will deduct the underwriting fees according to the underwriting agreement and transfer them into the bank account designated by the issuer. Shanghai branch.
Purchase on t day, T+ 1 day, freeze funds and verify capital;
T+ 2 days, draw lots and announce the winning rate.
T+3 announces the results of signing and unfreezing funds.
1. Market value of subscription of new shares:
1, online subscription is purchased at market value plus cash. Investors' accounts must have sufficient stock market value to participate in the subscription of new shares with their own funds.
2. The market value of the securities account is the daily average market value calculated on the 20th day of T2 as the new market value (T day is the subscription date, the same below); The market value of the margin customer's credit account is calculated as the market value of the investment. The market value of Tor, that is, the stocks purchased by financing can also be incorporated into the market value.
3. The market value of Shanghai and Shenzhen cannot be merged. When applying for new shares on the Shanghai Stock Exchange, the calculation of market value only includes A shares traded on the Shanghai Stock Exchange; When applying for new shares in Shenzhen Stock Exchange, the calculation of market value only includes A shares traded in Shenzhen Stock Exchange. Exchange. The market value of these two markets includes the value of unrestricted common stock A shares, excluding preferred shares, B shares, funds, bonds or other securities.
4. If the stock has been suspended, it can still be included in the market value, and the market value of the stock can be calculated according to the closing price before the closing of the last trading day.
5. Unqualified, dormant, cancelled and non-market securities accounts shall not participate in the subscription of new shares.
6. Margin credit account: Shenzhen market-through credit account, Shanghai market can only participate through ordinary account.