Principle of subscription and distribution of new shares: distribution in chronological order.

What is the principle of subscription and distribution of new shares? When applying for new shares, each winning new share unit will have a matching number. How did the new share number come from? What is the principle? Let's have a look.

Principle of subscription and distribution: If stock investors subscribe for new shares on the online subscription date of new share issuance, and the accumulated subscription amount exceeds the scale of raising, they will be assigned numbers in the order of subscription time according to the prescribed allocation units.

Subscription and distribution time: generally, distribution will be made on T (subscription date) +2 transactions, and the distribution quantity n and the first distribution quantity will be recorded in the stock account of the purchaser, and the distribution quantity for ***N times will be postponed thereafter.

The allocation unit for the subscription of new shares: every 1000 shares in Shanghai is a allocation unit, and every 500 shares in Shenzhen is a allocation unit.

Distribution by lottery: Divide the total issue amount by the number of subscribed shares to get the winning rate, and then the issuer will draw lots to select the winning distribution.

The above is the corresponding answer to the principle of subscription and distribution of new shares. Investors who do new shares should pay attention to the dynamics of new shares in time!