Summary by Moomoo AI
HUA HONG SEMICONDUCTOR CO., LTD. ANNOUNCED THAT ITS FIRST PUBLIC SUBNET DISTRIBUTION LIMITED OFFERING WILL BE LISTED ON THE SHANGHAI STOCK EXCHANGE ON FEBRUARY 7, 2024. The lot sold totaled 99,900,748 shares, representing 5.82% of the Company's total share capital as of December 31, 2023. The shares were originally issued by the company on August 7, 2023 at the Shanghai Stock Exchange's Sci-Tech Board, and issued restricted shares to eligible investors through a network of eligible investors. According to the regulations, the limited sale period is six months. THE COMPANY AND ALL DIRECTORS WARRANT THAT THE CONTENTS OF THE ANNOUNCEMENT ARE TRUE, ACCURATE, COMPLETE AND ARE LIABLE ACCORDINGLY BY LAW. Joint Sponsors Guotai Jun'an Securities Co., Ltd. and Haitong Securities Co., Ltd., have verified and confirmed that the respective stock-locking commitments have been strictly fulfilled, without objection to the IPO.