Yushu Technology Initiates Preliminary Inquiry for STAR Market IPO, Expected Valuation Over 40 Billion Yuan

Yushu Technology began its preliminary inquiry for the STAR Market IPO on August 5, with the inquiry period running from 9:30 AM to 3:00 PM. The subscription will take place on August 10, with the payment deadline set for August 12. This IPO aims to raise 4.202 billion yuan, with a public offering of 40.4464 million new shares, accounting for 10% of the total share capital after issuance, which will amount to 404 million shares. The market expects Yushu Technology's IPO valuation to exceed 40 billion yuan, with an issue price of approximately 104 yuan per share. Investors participating in the strategic placement are required to pay about 52,000 yuan. The specific inquiry results are pending confirmation from market participants.

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