Jiangsu Zhanxin announced that the company's initial public offering of 41.12 million shares, accounting for 10% of the total number of shares after issuance, with an issue price of 23.45 yuan/share, corresponding to the diluted price-earnings ratio of 44.23 times after deduction in 2025, which is lower than the industry average. The distribution uses a combination of strategic placement, offline and online distribution, and was subscribed on July 27. Strategic placement accounts for 30% of shares. There are no circulation restrictions on online shares. The 10% offline portion is limited to 6 months, and strategic placement is limited to 12 months. The company reminds investors to pay attention to investment risks and make prudent decisions.

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