Enflame Tech's Shanghai IPO Draws Modest Demand with 0.025% Win Rate

Stock News09-02

Shanghai Enflame Technology Co.,Ltd. (688801.SH) has disclosed the final lottery results for its online public offering on the STAR Market, showing that the concluded allocation rate reached approximately 0.0246%.

Following the activation of the clawback mechanism, the final offline offering size was set at 24.0996 million shares, accounting for 70.00% of the total shares issued after deducting the final strategic placement. In parallel, the online offering comprised 10.3285 million shares, representing the remaining 30.00% of that adjusted base.

With the clawback mechanism in effect, the definitive online subscription win rate settled at 0.02455315%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1108709566?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-02 19:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1108709566","market":"fut","top_or_hot":-1,"title":"Enflame Tech's Shanghai IPO Draws Modest Demand with 0.025% Win Rate","media":"Stock News","content":"<p><b>Shanghai Enflame Technology Co.,Ltd.</b> (<b>688801.SH</b>) has disclosed the final lottery results for its online public offering on the STAR Market, showing that the concluded allocation rate reached approximately 0.0246%.<br><br>Following the activation of the clawback mechanism, the final offline offering size was set at 24.0996 million shares, accounting for 70.00% of the total shares issued after deducting the final strategic placement. In parallel, the online offering comprised 10.3285 million shares, representing the remaining 30.00% of that adjusted base.<br><br>With the clawback mechanism in effect, the definitive online subscription win rate settled at 0.02455315%.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Enflame Tech's Shanghai IPO Draws Modest Demand with 0.025% Win Rate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEnflame Tech's Shanghai IPO Draws Modest Demand with 0.025% Win Rate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-09-02 19:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Shanghai Enflame Technology Co.,Ltd.</b> (<b>688801.SH</b>) has disclosed the final lottery results for its online public offering on the STAR Market, showing that the concluded allocation rate reached approximately 0.0246%.<br><br>Following the activation of the clawback mechanism, the final offline offering size was set at 24.0996 million shares, accounting for 70.00% of the total shares issued after deducting the final strategic placement. In parallel, the online offering comprised 10.3285 million shares, representing the remaining 30.00% of that adjusted base.<br><br>With the clawback mechanism in effect, the definitive online subscription win rate settled at 0.02455315%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"688801","symbol_name":"燧原科技-U","start_time":0,"source_url":"","article_id":"1108709566","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1108709566","pubTimestamp":1788347462,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Shanghai Enflame Technology Co.,Ltd. (688801.SH) has disclosed the final lottery results for its online public offering on the STAR Market, showing that the concluded allocation rate reached...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"688801":"燧原科技-U"},"translate_title":"Enflame Tech上海IPO吸引适度需求，中签率为0.025%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"688801":1},"content_text":"Shanghai Enflame Technology Co.,Ltd. (688801.SH) has disclosed the final lottery results for its online public offering on the STAR Market, showing that the concluded allocation rate reached approximately 0.0246%.Following the activation of the clawback mechanism, the final offline offering size was set at 24.0996 million shares, accounting for 70.00% of the total shares issued after deducting the final strategic placement. In parallel, the online offering comprised 10.3285 million shares, representing the remaining 30.00% of that adjusted base.With the clawback mechanism in effect, the definitive online subscription win rate settled at 0.02455315%.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1108709566","isCrawlerRequest":true}