CITIC Securities Mingyang Intelligent New Energy REIT received a whopping 314.98 times oversubscription

On July 5, Jinxin Data reported that on July 5, CITIC Jiantou Mingyang Intelligent New Energy REIT issued a announcement on the confirmation ratio of the subscription application. The total number of fund shares offered this time is 200 million. The initial number of shares offered offline is 28 million. As of July 3, the number of valid subscription fund shares for offline investors is 1,942.4 million, triggering a ratio allocation. The confirmed application ratio is 1.44151565%. The initial number of shares offered to the public is 12 million. As of July 2, 2024, the number of valid subscription fund shares for public investors is 37,7972.3555 million, which is 314.98 times the initial number of shares offered to the public, triggering a ratio allocation. The allocation ratio is as low as 0.31748353%. This means that if the public investors buy 10,000 yuan in the public offering, the final amount allocated is only 31.75 yuan, which is second only to the Huaxia Tebian Electric Power New Energy REIT issued in June in terms of popularity this year.