1. Investors who participate in online pricing stock issuance and subscription should apply for the stock account card of Shanghai and Shenzhen Stock Exchanges on or before the day of new share issuance and subscription (T day), open a capital account in the securities business department connected with the Shanghai and Shenzhen Stock Exchanges, and the Shanghai Stock Exchange will handle the designated transactions according to the subscription amount and deposit the full deposit.
2. Investors apply for new shares on the subscription date (T date) of new shares issuance, and the application procedures are the same as those for stock subscription in the secondary market. After the investor confirms the subscription entrustment, he shall go through the entrustment formalities. The subscription time is the normal trading time on the day of online issuance of new shares, that is, 9: 30 am-165438+0: 30 pm, 13: 00- 15: 00 pm, and the entrustment at other times is invalid. In case of force majeure affecting the issuance, the subscription will continue on the next working day. The subscription price for investors to purchase new shares is the issuance price determined in the issuance announcement, and the subscription below or above this price is invalid. The minimum subscription quantity of each securities account is 65,438+0,000 shares (at least 65,438+0,000 shares in Shanghai Stock Exchange and at least 500 shares in Shenzhen Stock Exchange). If the subscription number exceeds 65,438+0,000 shares, it must be an integral multiple of 65,438+0,000 shares and cannot exceed the upper limit of subscription number stipulated in the issuance announcement, otherwise it will be considered as invalid subscription. At the time of subscription, each securities account can only be subscribed once, and once declared, it is irrevocable. Multiple subscriptions for the same securities account, except for the first subscription, are deemed as invalid subscriptions. After investors go through the subscription procedures, their subscription funds will be frozen (deducted) in full.
3. The first working day (T day) after the subscription of new shares is T+ 1 day. On T+ 1 day, investors can go to the brokerage office to go through the formalities of subscription and delivery of new shares, and confirm whether the subscription is valid and whether the subscription entrustment is successful. The transaction number on the delivery note of the day is not the purchase allocation number.
4. On T+2, the second working day after the subscription of new shares (T day), the registration and clearing company will cooperate with the lead underwriter and accounting firm to verify the subscription funds, and the computer system of the exchange will automatically allocate the subscription number, which will be transmitted to the securities business department after the market closes that day, and the lead underwriter will announce the winning rate of new shares (winning rate = stock circulation/effective subscription amount x 100%). According to the subscription rules of new shares, every 1000 shares are allocated a subscription number, which is allocated continuously in chronological order, and the number is uninterrupted. At the time of delivery, each stock account only prints one subscription number, and at the same time prints the number of valid subscription shares. For example, if the delivery number is 10003502 and the number of valid subscription shares is 5000, then all subscription numbers of this account are 5, which are 10003502, 10003503 and 65438+ in turn.
5. The lead underwriter will announce the winning rate of new shares in the designated newspaper on the third working day (T day) after the subscription date, that is, T+3 day. Investors can go to the securities business department to check the subscription number, or go through the delivery procedures to confirm the subscription number. The number in the column of purchase allocation number (or transaction number) on the delivery note printed on the same day is the purchase allocation number. On the same day, the lead underwriter will organize the lottery and announce the winning number.
6. The lead underwriter will announce the winning number in the newspaper designated by the CSRC on the fourth working day (T day) after the subscription date, namely T+4 day. Investors determine whether they win or not according to their subscription numbers and published winning numbers. Each winning number can only subscribe for 65,438+0,000 shares. The subscription money not drawn in the lucky draw will be thawed on the same day and can be used.
Other considerations:
1. Online pricing issuance does not charge investors' commission, stamp duty and transfer fees fees.
2. When the subscription amount is less than or equal to the stock circulation, the purchaser subscribes according to the subscription amount, and the balance is underwritten by the underwriting syndicate according to the underwriting agreement.
3. Before the online pricing of new shares is issued, the prospectus and issuance announcement will be published in the three major newspapers in advance. The issuance announcement will clearly explain the securities name, subscription code, issuance date, subscription price and subscription ceiling of the new shares, so as to facilitate investors to read them carefully and avoid operational mistakes.
4. The above rules are the rules for subscription of new shares implemented a few days ago. If there are any changes in the future, investors are requested to check them in time, subject to the announcement of new share issuance in newspapers and periodicals designated by the CSRC.