Changxin Technology announced that the company's initial public offering of shares and listed on the Science and Technology Innovation Board at an issue price of 8.66 yuan/share. Investors are requested to purchase online and offline at this price on July 16, 2026. No subscription funds are required at the time of purchase. Among them, the offline subscription time is 9:30-15:00, and the online subscription time is 9:30-11:30, 13:00-15:00. The number of shares initially issued was 668,80886.08 million shares, accounting for about 10.00% of the total share capital after issuance, and CICC was granted an over-allotment option of no more than 15.00% of the initial issued shares. The price-earnings ratio corresponding to the issuance price after deducting the lower diluted price-earnings ratio in 2025 was 308.92 times, higher than the industry average price-earnings ratio of 76.32 times and the average price-earnings ratio of comparable companies of 134.62 times. The total amount of capital raised is estimated to be approximately $57.919 billion, and the net amount after deducting issuance fees is approximately $57.638 billion.

Changxin Technology announced that the company's initial public offering of shares and listed on the Science and Technology Innovation Board at an issue price of 8.66 yuan/share. Investors are requested to purchase online and offline at this price on July 16, 2026. No subscription funds are required at the time of purchase. Among them, the offline subscription time is 9:30-15:00, and the online subscription time is 9:30-11:30, 13:00-15:00. The number of shares initially issued was 668,80886.08 million shares, accounting for about 10.00% of the total share capital after issuance, and CICC was granted an over-allotment option of no more than 15.00% of the initial issued shares. The price-earnings ratio corresponding to the issuance price after deducting the lower diluted price-earnings ratio in 2025 was 308.92 times, higher than the industry average price-earnings ratio of 76.32 times and the average price-earnings ratio of comparable companies of 134.62 times. The total amount of capital raised is estimated to be approximately $57.919 billion, and the net amount after deducting issuance fees is approximately $57.638 billion.