July 27｜Longcheer Technology (688825.SH) stock price surged further, reaching a peak intraday gain of 535.45%, rising to 55.03 yuan and setting a new all-time high since its listing; trading volume was RMB 118.6 billion, setting a record for the single-day turnover amount of an individual stock in the A-share market; the turnover rate was as high as 56%; market capitalization reached RMB 3.68 trillion, firmly maintaining the No. 1 spot among A shares. The IPO issue price for Longcheer Technology was 8.66 yuan per share, raising approximately RMB 57.9 billion (before the full exercise of the over-allotment option), making it the largest IPO in terms of deal size for the Sci-Tech Innovation Board to date. Longcheer Technology currently has 4.503 billion shares in circulation, accounting for 6.73% of the total number of shares (66.9 billion shares).