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Cambrian has announced its plan to issue A-share stocks to specific entities in 2025. The issuance will involve a total of 3,334,946 shares, priced at RMB 1,195.02 per share. Consequently, the total funds raised through this issuance are projected to reach RMB 3,985,327,168.92, with a net amount of RMB 3,953,155,863.99 after accounting for related expenses. Following the expiration of the lock-up period, the newly issued shares will be listed and available for trading on the Sci-Tech Innovation Board (also known as the STAR Market) of the Shanghai Stock Exchange. The listing will commence on the next trading day after the lock-up period ends. Should this day coincide with a legal holiday or a rest day, the listing will be postponed to the first subsequent trading day.
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