Cornerstone investors are usually first-class institutional investors, large enterprise groups, professional individual investors, or their affiliated enterprises. The introduction of cornerstone investors is an affirmation of the fundamentals and development prospects of the company, which has brought great confidence to the market.
Accordingly, cornerstone investors need to buy and lock in for three to six months after going public. At the same time, cornerstone investors can not repeat the purchase, the key is that cornerstone investors need to disclose
some relevant information in the company's IPO.