Qiangyi Co., Ltd. disclosed the Science and Technology Innovation Board issuance announcement. It plans to issue 32.3899 million shares at an issue price of 85.09 yuan/share. The corresponding price-earnings ratio for this price is 35.47 times or 36.42 times. Online distribution and offline distribution will be implemented separately on December 19, 2025. The shares issued online can be distributed from the date of listing, while 90% of the shares issued offline can be circulated from the date of listing, and the 10% shares are limited to 6 months. In terms of strategic placement, the sale limit period for shares allotted to the sponsor's relevant subsidiary is 24 months, and the sales limit period for other investors participating in the strategic placement is 12 months.

Qiangyi Co., Ltd. disclosed the Science and Technology Innovation Board issuance announcement. It plans to issue 32.3899 million shares at an issue price of 85.09 yuan/share. The corresponding price-earnings ratio for this price is 35.47 times or 36.42 times. Online distribution and offline distribution will be implemented separately on December 19, 2025. The shares issued online can be distributed from the date of listing, while 90% of the shares issued offline can be circulated from the date of listing, and the 10% shares are limited to 6 months. In terms of strategic placement, the sale limit period for shares allotted to the sponsor's relevant subsidiary is 24 months, and the sales limit period for other investors participating in the strategic placement is 12 months.