Xinyin Wealth Management participated in UBTECH Robotics' offline institutional
placement, using 10 new-share subscription accounts and 8 equity accounts to
subscribe for 117.4 mln shares totaling 18.383 bln yuan. Average allotment rate
was 0.033%; the firm received 39,228 shares worth 5.916 mln yuan. Earlier this
year Xinyin set up 301 new-share accounts and has participated in 99 A-share
IPOs, including Changxin Technology and China Resources New Energy.