12-inch wafer manufacturer CanSemi Technology (301660.SZ) plans to publicly issue approximately 513 million shares.

Zhito Finance APP News, CanSemi Technology (301660.SZ) disclosed its prospectus for the intended offering. The initial public offering comprises 512,646,000 shares, representing approximately 17.81% of the company's total share capital after the offering (before the exercise of the over-allotment option). All shares are newly issued public shares, with no transfer of existing shares. In this offering, the initial strategic placement comprises 256,323,000 shares, accounting for 50.00% of the offering size. The company has granted GF Securities an over-allotment option of no more than 15.00% of the initial offering shares (no more than 76,896,000 shares). If the over-allotment option is exercised in full, the total number of shares offered will expand to 589,542,000 shares, representing approximately 19.95% of the company's total share capital after the offering (after the full exercise of the over-allotment option).