Gelonghui July 9th 丨Kangpeng Technology (688602.SH) issued an initial public offering of shares and listing it on the Science and Technology Innovation Board. After excluding the invalid quotation and the highest quotation, the issuer and sponsor (lead underwriter) comprehensively assessed the company's reasonable investment value, comparable secondary market valuation level, and secondary market valuation level of the industry to which it belongs based on the offline issuance inquiry situation, fully considering factors such as the effective subscription multiplier, market conditions, capital raising requirements and underwriting risk of offline investors.

The offline subscription date and start and end time is July 11, 2023, 9:30-15:00; the online subscription date and start and end time is July 11, 2023, 9:30-11:30, 13:00-15:00.