Bright Power Semiconductor has made a public announcement stating that Hainan Jingzherui Venture Capital Partnership Enterprise (a limited partnership), one of its shareholders, plans to allot 2.9285 million shares—equivalent to 1.44% of the company's total share capital—via the book-building allotment approach. The initial price for the shares to be allotted through book-building has been established at RMB 146.55 apiece, boasting an effective subscription multiple of 1.78 times. The recipients of these shares will be 20 institutional investors.
