Changxin Technology: IPO issuance results announced; online investors forgo subscribing for 6.58 million shares

PANews July 21, 2026 — Changxin Technology has released an announcement stating that the results of the company’s initial public offering of shares and their listing on the STAR Market have been published. For the shares subscribed and paid for by online investors, the number is 3,844,517,273 shares, and the number forfeited from the subscription is 6,586,227 shares. For the shares subscribed and paid for by offline investors, the number is 2,173,101,821 shares, and the number forfeited from the subscription is 31,567 shares. The joint lead underwriters will underwrite the shares on a firm-commitment basis, covering 6,617,794 shares, with a firm-commitment amount of RMB 57.3101 million. Before the over-allotment option was exercised, the issuance expenses were RMB 281 million.