Is the new share lottery in Deng Zhong or on the exchange?
According to the relevant regulations on the issuance and listing of new shares, the lottery is organized and implemented by the lead underwriter and determined by the lead underwriter and the issuer through consultation. The time is T+ 1, and the place is usually in public places such as conference rooms in hotels. Including applying for notarization to the notary office, entrusting the organizer to implement the lottery process, participating in the whole lottery activity, signing and confirming the lottery results and other links. Before the official start of the lottery, the lead underwriter and the issuer have recognized and confirmed the lottery process and rules.
In order to ensure that the lottery results are true and effective, before the official start of each lottery, listed companies, lead underwriters, notary offices, organizers and other four parties have signed the Fair Commitment Letter, promising that the lottery process is fair and there is no false fraud. During the whole lottery process, the staff of Sifang participated in the whole process, and the notary supervised the whole process, and issued a Notary Certificate on the spot to prove that all lottery results were true and effective. The organizer also recorded the whole process of the lottery and submitted the video to the listed company for filing.
Under the supervision of notaries, the numbered balls used by each company are randomly selected from the numbered balls of 10 by the representatives of listed companies, and put into the lottery machine after being checked by notaries one by one. In other words, the numbered balls used in each lottery ceremony are different. Before the official start of the lottery, the notary inspected the lottery machine to ensure that it was running normally and had not been artificially modified, to prevent fraud and to ensure that the lottery results were true and effective.