I. Precautions for subscription of new shares:
The market values of Shanghai and Shenzhen are calculated separately. Among them, investors who hold more than 65,438+00,000 yuan (including 65,438+00,000 yuan) in Shanghai stock market can participate in the subscription of new shares, and then they can subscribe for 65,438+0000 shares for every 65,438+0000 yuan market value. Similarly, holding a market value of 654.38 million Shenzhen Stock Exchange can participate in the subscription, and then you can subscribe for 500 more shares for every 5,000 yuan market value. If an investor holds multiple securities accounts, the market values of the multiple securities accounts shall be calculated together; if the same investor uses multiple securities accounts to participate in the subscription of the same new share, or if the investor uses the same securities account to participate in the subscription of the same new share many times, the initial subscription of the investor shall be deemed as valid, and the other subscriptions shall be invalid.
Second, the new share subscription operation process:
(1)T-2 days ago
New market value preparation: the average daily market value of T-2 (including T-2) in the first 20 trading days calculated by investors.
(2)T- 1 day
The issuer and the lead underwriter issue online issuance announcements.
(3) Day T (subscription date)
Investors purchase according to the quota, and there is no need to pay when purchasing, and the number is allocated on the same day, and the distribution result data is sent.
(4)T+ 1 day
The underwriter announces the winning rate, organizes the lottery to form the winning result, and the Shanghai Stock Exchange will send the winning result to the securities company after the close of the day. T+ 1 day The capital verification of the original subscription funds was cancelled.
(5)T+2 days
The winning number was announced. The lead underwriter announces the issue price and the winning result, and investors can also inquire about the winning result from the securities company designated by them.
(6)T+3 days
Before 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 the subscription funds into the fund settlement account of the lead underwriter.
(7)T+4 days
The lead underwriter will allocate the subscription funds to the issuer after deducting the underwriting fees, and announce the online issuance results.
Remarks: Investors who win the lottery shall fulfill their fund settlement obligations according to the results of the lottery, and ensure that their fund accounts have enough funds for the subscription of new shares before 24: 00 on T+2.