Jiangsu Zhanxin Semiconductor Technology Co., Ltd.
Announcement on the Listing of its Initial Public Offering of Shares on the ChiNext Market
Sponsor (Underwriter): Huatai United Securities Co., Ltd.
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or significant omissions.
With the approval of the Shenzhen Stock Exchange, Jiangsu Zhanxin Semiconductor Technology Co., Ltd. (hereinafter referred to as "Zhanxin Shares", "the Company", or "the Issuer") will issue RMB ordinary shares, which will be listed on the ChiNext market of the Shenzhen Stock Exchange on August 7, 2026. The full text of the listing announcement and the prospectus for the initial public offering of shares on the ChiNext market are disclosed on the designated information disclosure websites of the China Securities Regulatory Commission (full text network links: Juchao Information Network, www.cninfo.com.cn; China Financial News Network, www.financialnews.com.cn; Economic Information Daily, www.jjckb.cn; China Daily, www.chinadaily.com.cn; Csr.com.cn, www.cs.com.cn; Securities Daily, www.zqrb.cn; China Securities Net, www.cnstock.com; Securities Times, www.stcn.com), for investors to consult.
QR Code for Webpage: Juchao Information Network
I. Listing Overview
(I) Stock Abbreviation: Zhanxin Shares
(II) Stock Code: 301707
(III) Total Share Capital After Initial Offering: 41,118.9930 million shares
(IV) Number of Shares Offered in This Offering: 41.1200 million shares. This offering consists entirely of new shares; existing shareholders will not offer any shares for public sale.
II. Risk Warning
The Company reminds all investors to pay attention to the investment risks in the initial period after the listing of shares from the initial public offering (hereinafter referred to as "new shares"). Investors should fully understand the risks and participate in new share trading rationally. Specifically, the risks in the initial listing period include, but are not limited to, the following:
(I) Stock Trading Risks Arising from Relaxed Price Fluctuation Limits
The GEM stock bidding system has a wider range of price fluctuation limits. For stocks listed on the ChiNext market for the first time, there will be no price fluctuation limit for the first 5 trading days after listing, and thereafter, the price fluctuation limit will be 20%. There is a risk of significant price fluctuations in the Company's stock during the initial listing period.
(II) Difference Between the Company's Offering Price-to-Earnings Ratio and the Industry Average