The Zhitong Finance App learned that on July 16, Changxin Technology (688825.SH) began a subscription with an issuance price of 8.66 yuan/share. The maximum subscription price is 3.349 million shares, with a price-earnings ratio of 308.92 times. It belongs to the Shanghai Stock Exchange Science and Technology Innovation Board. CICC and CITIC Construction Investment Securities are sponsors (lead underwriters), and Cathay Pacific Haitong Securities, Guoyuan Securities, Huatai United Securities and China Merchants Securities are co-lead underwriters.

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