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BlockBeats News, August 6th. According to the estimation based on the Shanghai Stock Exchange Sci-Tech Innovation Board rules, Yushu Technology's chances of successful lottery in the online initial public offering (IPO) on August 10th may be around 0.03%, which is about one-fifteenth of the popular stock ChangXin Technology's rate (0.47%). Out of the approximately 40.4464 million shares to be publicly issued, only about 6.47 million shares are allocated for the online initial issuance. Based on the rule that every RMB 5,000 of Shanghai market value corresponds to one allocation, investors holding over RMB 16 million in Shanghai market value may have a chance to receive one allocation.
Yushu Technology is about to conduct its initial public offering and list on the Shanghai Stock Exchange Sci-Tech Innovation Board, with the offline subscription date set for August 10, 2026.
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