China's 'Four Domestic GPU Dragons' Suiren Technology to Debut on SSE STAR Market, Initial Inquiry Date Set for August 28

BlockBeats News, August 24: According to the official website of the Shanghai Stock Exchange (SSE), China's 'Four Domestic GPU Dragons,' Shanghai Suiren Technology Co., Ltd., has announced its initial public offering (IPO) and listing on the SSE STAR Market. The initial inquiry date is set for August 28, and the issuance price will be determined on August 31. The initial strategic placement issuance quantity for this offering is 8.607034 million shares, accounting for approximately 20.00% of the total issuance. The difference between the final strategic placement quantity and the initial strategic placement quantity will be adjusted based on the principles outlined in 'Section VI: The Callback Mechanism for This Issuance.' Before the callback mechanism is activated, the initial offline issuance quantity is 27.542639 million shares, accounting for approximately 80.00% of the issuance quantity after deducting the initial strategic placement quantity. The initial online issuance quantity is 6.885500 million shares, accounting for approximately 20.00% of the issuance quantity after deducting the initial strategic placement quantity. The final combined offline and online issuance quantity will be the total issuance quantity minus the final strategic placement quantity. The final online and offline issuance quantities will be determined based on the callback situation.