On December 7, MXC Chip, a domestic GPU (Graphics Processing Unit) manufacturer, disclosed details regarding the online subscription scenario and the corresponding winning rate for its upcoming listing on the Science and Technology Innovation Board. According to data released by the Shanghai Stock Exchange, a staggering 5,175,200 valid online subscription accounts participated, with a cumulative total of 28,862 million shares being validly subscribed. Ultimately, the winning rate for online subscriptions stood at a mere 0.03348913%, reflecting the intense competition among investors vying for a piece of this promising venture. (Here, using "staggering" and "a mere" to better convey the original meaning and make the expression more natural in English.)
