On June 20th, Gelonhui reported that Annaada (603350.SH) company and the sponsor (lead underwriter) agreed on the issue price of RMB 20.56/share based on the preliminary inquiry results, comprehensive evaluation of the reasonable investment value, secondary market valuation level of comparable companies and secondary market valuation level of the industry, fully considering the effective subscription multiple of offline investors, market conditions, fundraising needs and underwriting risks, and will no longer accumulate bidding inquiries for offline issuance.
Investors can apply online and offline at this price on June 24th, 2024 (T day) without payment. The offline subscription time is 9:30-15:00, and the online subscription time is 9:30-11:30, 13:00-15:00.