🇨🇳CanSemi (粤芯半导体; Shenzhen: 301660) priced its semiconductor IPO at RMB 12.01/share, with 513 million shares initially offered.

CanSemi (粤芯半导体) disclosed subscription results for its initial public offering (IPO) on the Shenzhen Stock Exchange’s ChiNext board, according to the supplied announcement summary. The issue price was RMB 12.01 per share, with an initial offering of 513 million shares.

The reported offering size would increase to 590 million shares if the overallotment option were exercised in full. That conditional share count should not be treated as confirmation that the option has already been exercised.

The online offering attracted 14.4354 million valid subscribing accounts, submitting applications for 423.383 billion shares. Following the allocation clawback mechanism, the final online allocation was 179 million shares, with a success rate of 0.0423786759% and a valid subscription multiple of 2,359.68 times.

These figures describe pricing, subscription demand and allocation—not confirmation of completed trading or receipt of proceeds. The supplied summary does not provide net proceeds, use-of-proceeds details, the post-offering ownership structure or a listing date.