Shenzhen Han nationality Numerical Control Technology Co., Ltd
Prompt announcement of initial public offering and listing on GEM
Sponsor (lead underwriter): Citic Securities Company Limited(600030)
The application of Shenzhen Han CNC Technology Co., Ltd. (hereinafter referred to as “Han CNC”, “issuer” or “company”) for initial public offering and listing on the gem has been reviewed and approved by the GEM Listing Committee of Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock Exchange”), It has been approved to register by the China Securities Regulatory Commission (hereinafter referred to as “CSRC”) in the document of CSRC license [2021] No. 4134. The letter of intent for initial public offering and listing on the gem of Shenzhen Han’s CNC Technology Co., Ltd. and its annexes are disclosed on the website designated by the China Securities Regulatory Commission (cninfo, www.cn. Info. Com. CN; CSI, www.cs. Com. CN; China Securities, www.cn. Stock. Com; securities times, www.stcn. Com; Securities Daily, www.zqrb. CN.), It shall be kept at the residence of the issuer, Shenzhen Stock Exchange and the recommendation institution (lead underwriter) Citic Securities Company Limited(600030) (hereinafter referred to as ” Citic Securities Company Limited(600030) ” or “recommendation institution (lead underwriter)”) for public inspection.
Investors are kindly requested to focus on the issuance process, online and offline subscription and payment, disposal of share abandonment, etc., and carefully read the preliminary inquiry and promotion notice of Shenzhen Han’s CNC Technology Co., Ltd. on initial public offering and listing on GEM published today (hereinafter referred to as the “preliminary inquiry and promotion notice”). The details are as follows:
1. The offline issuance and Subscription Date and online subscription date are the same as February 16, 2022 (t day). Among them, the offline subscription time is 09:30-15:00, and the online subscription time is 09:15-11:30, 13:00-15:00. Investors do not need to pay subscription funds when making online and offline subscription on February 16, 2022 (t day).
2. All offline investors who intend to participate in this preliminary inquiry and meet the conditions of relevant investors must register and submit verification materials before 12:00 noon on February 9, 2022 (T-5) in accordance with relevant requirements. When registering and submitting verification materials, please log in to the Citic Securities Company Limited(600030) IPO offline investor qualification verification system (website: https://www.citics.com./ipo/login/index.html , the user manual can be downloaded in the upper right corner of the page. If you have any questions, please call 010-60833699).
3. This issuance adopts directional placement to strategic investors (hereinafter referred to as “strategic placement”) (if any) Offline inquiry placement to qualified investors (hereinafter referred to as “offline issuance”) and online pricing issuance to social public investors holding non restricted A-share shares or market value of non restricted depositary receipts in Shenzhen market (hereinafter referred to as “online issuance”).
The strategic placement, preliminary inquiry and online and offline issuance of this offering shall be organized and implemented by the sponsor (lead underwriter) Citic Securities Company Limited(600030) (hereinafter referred to as “sponsor (lead underwriter)” or ” Citic Securities Company Limited(600030) “). The preliminary inquiry and offline distribution are conducted through the offline distribution electronic platform（ https://eipo.szse.cn. ）And the implementation of the registration and settlement platform of China Clearing Shenzhen Branch; Online issuance is conducted through the trading system of Shenzhen Stock Exchange (hereinafter referred to as the “trading system”).
This offering does not arrange for strategic placement to the asset management plan of the issuer’s senior managers and core employees and other external investors. For example, the offering price exceeds the median and weighted average of the quotation of offline investors after excluding the highest quotation, and the securities investment fund established through public offering after excluding the highest quotation (hereinafter referred to as “public fund”) National Social Security Fund (hereinafter referred to as “social security fund”), basic endowment insurance fund (hereinafter referred to as “pension”) The enterprise annuity fund (hereinafter referred to as “enterprise annuity fund”) established in accordance with the measures for the administration of enterprise annuity fund and the insurance fund (hereinafter referred to as “insurance fund”) in accordance with the measures for the administration of the use of insurance funds, whichever is lower, The relevant subsidiary of the sponsor Citic Securities Company Limited(600030) Investment Co., Ltd. will participate in the strategic placement of this offering in accordance with relevant regulations. The issuer and the recommendation institution (lead underwriter) will disclose the total amount of shares allocated and sold to the relevant subsidiaries of the recommendation institution participating in the placement, the number of subscriptions, and the number of shares in the announcement of Shenzhen Han’s CNC Technology Co., Ltd. on initial public offering and listing on the gem (hereinafter referred to as the “issuance announcement”) Information such as the proportion in the number of shares issued this time and the holding period.
4. The issuer and the recommendation institution (lead underwriter) will directly determine the issuance price through the offline preliminary inquiry, and the offline cumulative bidding inquiry will not be conducted.
5. Offline issuance objects: the offline issuance objects are securities companies, fund management companies, trust companies, finance companies, insurance companies, qualified foreign institutional investors and qualified private fund managers and other professional institutional investors registered with the China Securities Association.
6. Preliminary inquiry: the preliminary inquiry time of this issuance is 9:30-15:00 on February 10, 2022 (T-4). Within the above-mentioned time, qualified offline investors can fill in and submit the purchase price and the proposed purchase quantity through the offline issuance electronic platform of Shenzhen Stock Exchange.
Investors participating in the offline inquiry of gem can fill in different quotations for multiple placing objects under their management. Each offline investor can fill in up to 3 quotations, and the highest quotation shall not be higher than 120% of the lowest quotation. The quotation of offline investors and their managed placing objects shall include the price per share and the number of shares to be purchased corresponding to the price. There can only be one quotation for the same placing object. Once the relevant declaration is submitted, it shall not be revoked in its entirety. If the quotation needs to be adjusted due to special reasons, the quotation decision-making procedure shall be performed again, and the logical calculation basis of the reason for price change and the range of price change shall be filled in on the offline issuance electronic platform of Shenzhen Stock Exchange, as well as whether the previous quotation has insufficient pricing basis and incomplete quotation decision-making procedure, and the relevant materials shall be archived for future reference.
The minimum change unit of the declared price of offline investors is 0.01 yuan. In the preliminary inquiry stage, the minimum number of offline placement objects to be purchased is set as 1 million shares, and the minimum change unit of the number of offline placement objects to be purchased is set as 100000 shares, that is, the part where the number of offline placement objects designated by offline investors exceeds 1 million shares must be an integral multiple of 100000 shares, The proposed subscription amount of each placing object shall not exceed 15 million shares.
The maximum number of shares subscribed by each placing object in this offline issuance is 15 million shares, accounting for about 46.99% of the initial offline issuance. Offline investors and their managed placing objects shall strictly comply with the regulatory requirements of the industry, strengthen risk control and compliance management, and carefully and reasonably determine the purchase price and quantity.
When participating in the preliminary inquiry, please pay special attention to whether the subscription amount corresponding to the declared price and the subscription quantity exceeds the asset scale or capital scale of January 27, 2022 (T-9) provided to the sponsor (lead underwriter) and reported on the offline issuance electronic platform of Shenzhen Stock Exchange. If the recommendation institution (lead underwriter) finds that the placing object does not comply with the industrial regulatory requirements and applies for purchase beyond the corresponding asset scale or capital scale in the asset certification materials submitted to the recommendation institution (lead underwriter), the subscription of the placing object is invalid.
Investors who participate in the offline inquiry of Han nationality CNC shall pass the asset certification materials through the Citic Securities Company Limited(600030) IPO offline investor qualification verification system (website: https://www.citics.com./ipo/login/index.html ）Submit to the sponsor (lead underwriter). If the investor refuses to cooperate in the verification, fails to submit relevant materials completely, or the materials submitted are not enough to exclude its participation in the offline issuance prohibited by laws, regulations and normative documents, the issuer and the recommendation institution (lead underwriter) will refuse its participation in the offline issuance, treat its quotation as an invalid quotation, or refuse the placement, It shall be disclosed in the issuance announcement. If offline investors participate in the offline issuance of new shares in violation of regulations, they shall bear all the responsibilities arising therefrom.
Special tip 1: in order to promote the prudent quotation of offline investors, the Shenzhen Stock Exchange has added the pricing basis verification function on the offline issuance electronic platform. Offline investors are required to operate according to the following requirements:
Offline investors need to display “Han’s CNC preliminary inquiry has been started (to be started)” on the offline issuance electronic platform page of Shenzhen Stock Exchange and before 9:30 a.m. of the day of preliminary inquiry, through the offline issuance electronic platform（ https://eipo.szse.cn. ）Submit the pricing basis and fill in the suggested price or price range. Offline investors who fail to submit the pricing basis and suggested price or price range before the inquiry shall not participate in the inquiry.
Offline investors shall quote according to the recommended price or price range given in the internal research report. In principle, they shall not exceed the recommended price range in the research report.
Special tip 2: offline investors and their managed placing objects should strictly abide by the industrial regulatory requirements, truthfully submit the proof materials of asset scale or capital scale to the sponsor (lead underwriter), and ensure that the “detailed list of asset scale of placing objects” filled in by them is consistent with the corresponding asset proof amount in the above-mentioned proof materials, And the subscription amount of the placing object shall not exceed the corresponding asset scale or capital scale in the above supporting materials and the “list of asset scale of the placing object”. If the placing objects are public funds, special fund accounts, asset management plans, private funds and other products, the total assets of the products on the fifth trading day before the preliminary inquiry date, that is, January 27, 2022 (T-9); If the placing object is a self operated investment account, the capital scale description of the self operated account issued by the company on the fifth trading day before the preliminary inquiry date, i.e. January 27, 2022 (T-9), shall prevail. The above certification materials shall be stamped with the official seal of the company or the official seal of external certification authority.
Special tip 3: in order to promote the prudent quotation of offline investors and facilitate the verification of the asset scale of offline investors on the gem, the Shenzhen Stock Exchange has added the asset scale verification function on the offline issuance electronic platform. Offline investors are required to operate according to the following requirements: before preliminary inquiry, investors must issue electronic platforms offline of Shenzhen Stock Exchange（ https://eipo.szse.cn. ）Truthfully fill in the asset scale or capital scale as of January 27, 2022 (T-9). The asset scale or capital scale filled in by the investor shall be consistent with the amount in the asset scale or capital scale certification materials submitted to the sponsor (lead underwriter). Investors shall strictly comply with the regulatory requirements of the industry and reasonably determine the purchase scale. The purchase amount shall not exceed the corresponding asset scale or capital scale in the asset certificate submitted to the sponsor (lead underwriter).
7. Provisions on offline rejection ratio: after the preliminary inquiry, the issuer and the recommendation institution (lead underwriter) Citic Securities Company Limited(600030) (hereinafter referred to as ” Citic Securities Company Limited(600030) ” or “recommendation institution (lead underwriter)”) will quote all placing objects from high to low according to the subscription price according to the inquiry results after excluding invalid quotations At the same purchase price, the proposed purchase quantity of the placing object is sorted from small to large, at the same purchase price, the same proposed purchase quantity is sorted from late to early, at the same proposed purchase price, the same proposed purchase quantity and at the same purchase time according to the order of the placing object automatically generated by the offline issuance electronic platform of Shenzhen Stock Exchange from back to front, Excluding the quantity of the highest quotation in the total amount to be purchased, the excluded amount to be purchased is 1% of the total amount to be purchased by offline investors. When the maximum declared price is the same as the determined issue price, the Declaration on the price can no longer be excluded. The excluded part shall not participate in offline subscription.
After excluding the highest part of the quotation, the issuer and the recommendation institution (lead underwriter) will carefully and reasonably determine the issuance price, the final issuance quantity, the investors with effective quotation and the effective proposed purchase quantity by integrating the factors such as the effective subscription multiple, the valuation level of comparable companies in the industry, the industry of the issuer, the fundamentals of the issuer, market conditions, the demand for raised funds and the underwriting risk. The number of effective offline investors determined by the issuer and the recommendation institution (lead underwriter) in accordance with the above principles shall not be less than 10.
Effective quotation refers to the quotation declared by offline investors that is not lower than the issuance price determined by the issuer and the recommendation institution (lead underwriter), which is not excluded as the highest quotation, and meets other conditions determined and announced in advance by the issuer and the recommendation institution (lead underwriter). Offline investors who submit valid quotations during the preliminary inquiry can and must participate in offline subscription. The sponsor (lead underwriter) has hired Beijing Deheng Law firm to witness the whole process of this issuance and underwriting in real time, and will express clear opinions on the compliance and effectiveness of offline investor qualification, inquiry, pricing, placement, fund allocation, information disclosure and other relevant situations.
8. Investment risk prompt arrangement: if the issuing price exceeds the median and weighted average of offline investors’ quotation after excluding the highest quotation, and the median and weighted average of public funds, social security funds, pensions, enterprise annuity funds and insurance funds after excluding the highest quotation, whichever is lower, Or the price earnings ratio corresponding to the pricing of this offering is higher than the average price earnings ratio of the secondary market of comparable listed companies in the same industry (the static average price earnings ratio of the same industry in the latest month published by China Securities Index Co., Ltd.), The issuer and the sponsor (lead underwriter) will issue the special announcement on the investment risk of Shenzhen Han’s CNC Technology Co., Ltd. in its initial public offering and listing on the gem (hereinafter referred to as the “special announcement on investment risk”) before online subscription, stating in detail the rationality of pricing and reminding investors to pay attention to investment risks.
9. Restricted period arrangement: among the stocks issued this time, the stocks issued online have no circulation restrictions and restricted period arrangement, and can be circulated from the date of listing of the stocks issued this time on the Shenzhen Stock Exchange.
The offline issuance part adopts the proportional sales restriction method, and the offline investors shall promise that the sales restriction period of 10% (rounded up) of the number of shares allocated to them is 6 months from the date of the issuer’s initial public offering and listing. That is, among the shares allocated to each placing object, 90% of the shares are sold indefinitely and can be circulated from the date when the issued shares are listed and traded on the Shenzhen Stock Exchange; The sales restriction period of 10% of the shares is 6 months, and the sales restriction period starts from the date when the issued shares are listed and traded on the Shenzhen Stock Exchange.
When offline investors participate in the preliminary inquiry and quotation and offline purchase, they do not need to fill in the arrangement of the sales restriction period for the placing objects under their management. Once the quotation is made, it is deemed to accept the information disclosed in this announcement
