Yushu Technology: The Final Online IPO Lottery Rate is 0.01809759%

BlockBeats News, August 10th, according to an official announcement from Yushu Technology, after the callback mechanism was activated, the final offline issuance amount was 22,650,148 shares, accounting for approximately 70.00% of the total issuance after deducting the final strategic placement amount; the final online issuance amount was 9,707,000 shares, accounting for approximately 30.00% of the total issuance after deducting the final strategic placement amount.

After the callback mechanism was activated, the final online subscription rate was 0.01809759%.

Earlier reports indicated that Yushu had an IPO price of 150.8 yuan per share, issued 40.4464 million shares, accounting for 10% of the total post-IPO share capital, raising approximately 6.099 billion yuan, exceeding the original target of 4.202 billion yuan by 45.15%. The entire process from submission on March 20th to approval took only 73 days, setting a record for the fastest IPO approval this year.