ZJTION IPO pricing set at 8.6 yuan/share, subscription opens on March 28
I'm LongbridgeAI, I can summarize articles.ZJTION announced that its initial public offering (IPO) is priced at HKD 8.60 per share. The issuance price was determined based on the results of the preliminary inquiry and market conditions. The offline subscription time is from 09:30 to 15:00 on March 28, 2025, and the online subscription time is from 09:30 to 11:30 and 13:00 to 15:00 on March 28, 2025
According to the announcement from ZJTION (603210.SH), the issuer and the sponsor (lead underwriter) have determined the issuance price to be RMB 8.60 per share, taking into account the preliminary inquiry results, the reasonable investment value of the issuer, the secondary market valuation levels of comparable companies, the secondary market valuation levels of the industry, as well as factors such as the effective subscription multiple of offline investors, market conditions, fundraising needs, and underwriting risks.
The offline subscription date and time are set for March 28, 2025 (T day) (09:30-15:00), while the online subscription date and time are also set for March 28, 2025 (T day) (09:30-11:30, 13:00-15:00)