Tunnel Co. Expressway REIT initiates inquiry with a price range of 4.012 yuan/share to 4.700 yuan/share

MaticHoleFiller · 2026-03-22T05:18:24+00:00

The inquiry period for this fund issuance is March 25, 2026, with a price range of 4.012 yuan per share to 4.700 yuan per share. The total issuance volume is 1 billion shares, including both strategic placement and public offering. The trading arrangements for offline investors are influenced by the number of subscription shares, and regulatory authorities will oversee the trading activities.

MaticHoleFiller

2026-03-22 05:18:24

Abstract generation in progress

(Source: REITs Home)

Inquiry Period

The inquiry period for this issuance is from 9:00 to 15:00 on March 25, 2026.

Price Range

The offline inquiry price range is from 4.012 yuan per share to 4.700 yuan per share.

Offering Quantity:

The China Securities Regulatory Commission has approved a total of 1 billion fund shares for this fund. The initial strategic placement of fund shares determined by the fund manager and financial advisor is 700 million shares. The initial offline offering is 210 million shares, and the initial public offering to investors is 90 million shares. The final allocations for strategic placement, offline offering, and public offering will be determined based on the clawback (if any).

During the offline inquiry phase, if the total subscription amount managed by offline investors, excluding invalid bids, does not exceed 100 times (inclusive) of the initial offline offering shares, then the shares tradable by offline investors and their managed allocation objects within the first three trading days (including the listing day) after the fund’s listing shall not exceed 50% of their allocated shares. Starting from the fourth trading day after the fund’s listing, all allocated shares for offline investors can be freely traded. If the total subscription amount managed by offline investors and their managed allocation objects, excluding invalid bids, exceeds 100 times (exclusive) of the initial offline offering shares, then the shares tradable by offline investors and their managed allocation objects from the listing day shall be all their allocated shares. Once offline investors and their managed allocation objects place bids, they are deemed to accept the arrangements disclosed in this inquiry announcement and agree to comply with the trading requirements during the specified period. Regulatory authorities reserve the right to supervise and manage the trading activities of offline investors during this period.

Sale Schedule

[No specific schedule details provided in the original text]

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