China Naming Network - Naming consultation - Does anyone know what conditions can be met for the subscription of new shares to reach the quota?

Does anyone know what conditions can be met for the subscription of new shares to reach the quota?

Conditions and rules for subscription of new shares (version 20 16)?

1.t is the subscription date of new shares. Only 20 trading days before T-2 (inclusive), when the market value of A shares is 6,543,800 yuan per day, can new shares be purchased, and the Shanghai and Shenzhen stock markets are calculated separately;

2. The market value of a customer's same securities account in multiple custody places shall be calculated on a consolidated basis. Where a customer holds more than one securities account, the market value of the multiple securities accounts shall be calculated together. Consolidated calculation of market value of credit securities accounts of margin customers.

3. Shanghai can subscribe for 1 1,000 shares with a market value of 1 1,000 yuan, and Shenzhen can subscribe for 500 shares with a market value of 5,000 yuan; 4. You can only buy ordinary or credit accounts with market value in Shenzhen. Only accounts with designated transactions can be purchased in Shanghai. Customers can only place an order for the first time (buy at the issue price) and cannot cancel the order; ?

Verb (abbreviation of verb) subscription time: Shanghai 9: 30-11:30/13: 00-15: 00, Shenzhen 9:15/.

6. The customer does not need to pay the subscription funds at the time of subscription. After the winning bid is confirmed on T+2, it is necessary to ensure that there are enough funds for the fund settlement of new share subscription at 16:00;

7. If a customer wins the lottery but fails to pay in full, it will be regarded as giving up the subscription. If the customer wins the lottery for three times in a row for 12 months but gives up the subscription, he shall not participate in the online subscription of new shares for six months (calculated on the natural day of 180, including the next day) from the day after the last subscription abandonment.

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If there is a subscription for new shares on that day (T day), you can check the "Shanghai New Shares" and "Shenzhen New Shares" in your account, which correspond to the subscription quotas (unit: shares) of Shanghai and Shenzhen respectively. If not, it means that the average daily stock market value in the first 20 trading days of T-2 is less than 1 10,000 yuan, so you are not eligible to subscribe for the new shares of that day (note: the market value of Shanghai Stock Exchange 1 10,000 yuan can be matched with a subscription unit (10), and the market value of Shenzhen Stock Exchange can be matched with a subscription unit (500 shares)). If there is, you can subscribe within this quantity range. If your subscription exceeds this amount, the exchange will regard it as invalid subscription. The amount of new shares is dynamically calculated by the exchange according to the market value of your account every day, so it changes every day. To put it simply, take Shanghai as an example, the number of new shares in Shanghai stock market on T day = (the sum of the market value of unrestricted A shares in Shanghai stock market after the close of 20 trading days from T-2 trading day to T-2 1) /20/ 10000, and then round it to the integer × 1000.