How to subscribe for new shares? Do you subscribe with your own securities account? Is there a handling fee, too?

The subscription of new shares is in your own securities account, and no handling fee is required. Starting from 20 16, 1, the subscription of new shares is different from before, and it is not necessary to pay in advance. Only after winning the lottery, you need to deposit enough funds in your account to buy new shares.

To subscribe for new shares:

1, the subscription time is 9: 30 am-11:30, 1: 00- 3: 00 pm, and the distribution number of the day is one for every 1000 (or 500) shares.

2.T+ 1 day announces the winning rate, and draws lots to form the winning result. The Shanghai Stock Exchange will send the winning result to the securities company after the close of the day.

3. The issue price and the winning result will be announced on T+2, and investors can also inquire about the winning result from their designated securities companies. Investors who win the lottery shall fulfill the obligation of fund delivery according to the result of the lottery, and ensure that their fund accounts have enough funds for the subscription of new shares at the end of T+2.

4. Before T+3 15:00, settlement participants shall report the data of their investors' abandonment of subscription to China Clearing; 16:00, China Clearing settled the subscription funds and transferred them to the fund settlement account of the lead underwriter.

Note: Online investors who have not paid in full three times in 12 months may not participate in the subscription of new shares within six months.