Gelonghui September 30th | Jinpan Technology (688676.SH) announced that the preliminary determined transfer price for the shareholder inquiry transfer is 28.55 yuan per share, which is 94.44% of the average stock price of 30.23 yuan per share for the 20 trading days prior to the day when the shareholder inquiry transfer invitation was sent (i.e. September 27, 2024, including that day). There are a total of 12 institutional investors participating in this inquiry transfer offering, including fund management companies, insurance companies, qualified overseas institutional investors, private equity fund managers, and other professional institutional investors. The total number of valid subscribed shares by institutional investors participating in this inquiry transfer quotation is 13.97 million shares, corresponding to an effective subscription multiple of approximately 1.1 times. The shares intended for transfer in this inquiry transfer have been fully subscribed, and the preliminary identified transferees are 10, with a total intended transfer of 12,794,646 shares.