Long-term technology: relinquishment of 6,586,227 shares by online investors

ON 21 JULY, CHANGSUNG (688825.SH) ANNOUNCED THAT THE COMPANY HAD PUBLISHED THE RESULTS OF ITS FIRST PUBLIC DISTRIBUTION OF SHARES AND ITS LISTING ON THE BOARD. THE CURRENT ISSUE PRICE IS $8.66/EQUITY, WITH AN INITIAL DISTRIBUTION OF 668,808.8808 MILLION SHARES, REPRESENTING APPROXIMATELY 10 PER CENT OF THE TOTAL POST-ISSUE EQUITY. THE FINAL STRATEGIC DISTRIBUTION WAS 166,706.4.2 MILLION SHARES, AND THE NET DISTRIBUTION FINAL SIGNATURE RATE WAS APPROXIMATELY 0.4714,173.9 PER CENT. ON-LINE INVESTOR CONTRIBUTION SUBSCRIPTIONS AMOUNTED TO 3,844,517,273 UNITS, 6,586,227 UNITS; ON-LINE INVESTOR CONTRIBUTION SUBSCRIPTIONS TO 2,173,101,821 UNITS AND 31,567 UNITS. CO-INSURERS ' SHARE IN THE SALE OF 6,617,794 SHARES WITH A VALUE OF $5,731.0 MILLION. BEFORE THE OPTION OF OVERSALE WAS EXERCISED, THE COST OF DISTRIBUTION WAS $281 MILLION。