When do you usually announce the winning number of your new shares?

Generally, at T+ 1, that is, the day after subscription, the lead underwriter announces the winning rate, organizes the lottery to form the winning result, and the Shanghai Stock Exchange sends the winning result to the securities company after the closing of the day.

T+2 announced the number of new shares won. The lead underwriter announces the issue price and the winning result, and investors can also inquire about the winning result from the securities company designated by them. Investors who win the lottery shall fulfill the obligation of fund delivery according to the result of the lottery, and ensure that their fund accounts have enough funds for the subscription of new shares at the end of T+2.

Therefore, the lottery of new shares was announced two days after the subscription date. According to the announcement of the lottery, investors can enter the stock trading software to inquire whether they have won the lottery.