Zhejiang Biyi Electric Appliance Co., Ltd
Initial public offering
Announcement of offline preliminary placement results and online Winning Results
Sponsor (lead underwriter): Citic Securities Company Limited(600030)
hot tip
The application of Zhejiang Biyi Electric Appliance Co., Ltd. (hereinafter referred to as “Biyi shares” or “the issuer”) for the initial public offering of RMB common shares (A shares) (hereinafter referred to as “this offering”) has been approved by the China Securities Regulatory Commission’s CSRC license [2022] No. 129. This offering is conducted through a combination of offline inquiry and placement to qualified investors (hereinafter referred to as “offline issuance”) and online pricing issuance to social public investors holding non restricted A-Shares and non restricted depositary receipts in Shanghai market (hereinafter referred to as “online issuance”).
The issuer and the sponsor (lead underwriter) Citic Securities Company Limited(600030) (hereinafter referred to as ” Citic Securities Company Limited(600030) ” and “sponsor (lead underwriter)”) negotiated and determined that the number of shares issued this time is 46.665 million. Before the callback mechanism was launched, the initial number of offline shares was 27.999 million, accounting for 60.00% of the total issued this time; The initial number of shares issued online was 18.666 million, accounting for 40.00% of the total issued this time. The issue price is 12.50 yuan / share.
According to the callback mechanism announced in the announcement on the initial public offering of shares by Zhejiang Biyi Electric Appliance Co., Ltd. (hereinafter referred to as the “issuance announcement”), since the initial effective subscription multiple on the Internet is 7337.77 times, more than 150 times, the issuer and the sponsor (lead underwriter) decided to start the callback mechanism, 50% of the shares issued this time (rounded up to an integral multiple of 1000 shares, i.e. 23333000 shares) will be transferred back from offline to online. After the call back, the final number of offline shares issued was 4.666 million, accounting for about 10.00% of the total issued this time; The final number of shares issued online was 41.999 million, accounting for about 90.00% of the total issued this time. After the callback mechanism was launched, the final winning rate of online issuance was 0.03066363%.
Please pay attention to the payment link of this offering. The specific contents are as follows:
1. According to this announcement, offline investors shall pay the subscription funds for new shares in full and on time according to the final issue price and allocated quantity before 16:00 on February 11, 2022 (T + 2). Offline investors are allocated multiple new shares every day. Please pay for each new share separately. In the case of multiple new shares allocated on the same day, if only one total amount is remitted, the consolidated payment will lead to the failure of accounting, and the resulting consequences shall be borne by the investors themselves.
After online investors win the bid for new shares, they shall fulfill their payment obligations in accordance with this announcement to ensure that their capital account will have sufficient new share subscription funds on February 11 (T + 2) 2022. The transfer of investors’ funds shall comply with the relevant provisions of the securities company where the investors are located.
The shares that offline and online investors give up to subscribe for are underwritten by the sponsor (lead underwriter).
2. When the total number of shares paid and subscribed by offline and online investors is less than 70% of the number of public offerings, the issuer and the sponsor (lead underwriter) will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements.
3. If the offline investors with valid quotation fail to participate in the subscription or obtain the preliminary placement, and the offline investors fail to pay the subscription amount in time and in full, it will be deemed as a breach of contract and shall bear the liability for breach of contract. The recommendation institution (lead underwriter) shall report the breach of contract to the China Securities Association for the record. If online investors fail to pay in full after winning the lottery for three times in a row within 12 months, they shall not participate in the online subscription of new shares, depositary receipts, convertible corporate bonds and exchangeable corporate bonds within 6 months (calculated as 180 natural days, including the next day) from the next day of the settlement participant’s latest declaration of abandonment of subscription.
4. Once this announcement is published, it shall be deemed to have served the notice of allotment payment to the online investors who have participated in the online subscription and won the lot and all allotment objects who have obtained the allotment of offline issuance. 1、 Online lottery results
According to the issuance announcement, the issuer and the sponsor (lead underwriter) presided over the lottery ceremony for the online issuance of the initial public offering of Biyi shares at the Haitang hall, the conference room on the fourth floor of Zijinshan Hotel, No. 778 Dongfang Road, Pudong New Area, Shanghai on the morning of February 10, 2022 (T + 1). The lottery ceremony was conducted in accordance with the principles of openness, fairness and impartiality. The process and results of the lottery have been notarized by Shanghai Oriental notary office. The winning results are as follows:
Last digit winning lot number
Last “4” digits: 681318138740
Last “6” digits 292664492664692664892664092664564934
Last “7” digits 843915364391534439153243915304391536801895
Last “8” digits 7171229621712296
Last “9” digits 118592062
If the mantissa of the subscription allotment number held by the investors who participate in the online issuance of subscription ratio A shares is the same as the above number, it is the winning number. There are 41999 winning numbers in total, and each winning number can only subscribe for 1000 Biyi shares and a shares. 2、 Offline issuance and subscription and preliminary placement results
(I) offline issuance and subscription
According to the requirements of the measures for the administration of securities issuance and underwriting (CSRC order [No. 144]), the sponsor (lead underwriter) has verified and confirmed the qualification of investors participating in offline subscription. The offline subscription of this offering has been completed on February 9, 2022 (t day). According to the effective subscription results finally received by the offline subscription electronic platform of Shanghai Stock Exchange, the sponsor (lead underwriter) makes the following statistics:
After verification, among the 13973 effective quotation placing objects managed by 2869 offline investors disclosed in the issuance announcement, two placing objects managed by 2 offline investors failed to apply for offline purchase in accordance with the requirements of the issuance announcement, The remaining 13971 effective offer placement objects managed by 2867 offline investors have made offline subscription in accordance with the requirements of the issuance announcement, and the number of offline effective subscription is 6671780 shares. The list of non participating investors is as follows:
Order offline investor placing target name securities account to be applied for during preliminary inquiry, name to be applied for during preliminary inquiry, purchase price (yuan / share) and purchase quantity (10000 shares)
1 Yang Jianxiong Yang Jianxiong a128650765 12.50 480
2 Yang Jing Yang Jing a243059211 12.50 480
Total — 960
(II) preliminary offline placement results
According to the offline placement principle published in the announcement on the issuance arrangement and preliminary inquiry of initial public offering of shares of Zhejiang Biyi Electric Appliance Co., Ltd. (hereinafter referred to as the “announcement on issuance arrangement and preliminary inquiry”), the issuer and the sponsor (lead underwriter) place the shares issued offline. The effective subscription and placement of various offline investors are shown in the table below:
The number of shares effectively subscribed by the placing object accounts for the number of shares allocated offline, and the number of shares allocated accounts for
Type (10000 shares) effective subscription quantity (shares) proportion of offline issuance and placement proportion of total
Class a investors 1972320 29.56% 2362937 50.64% 0.01198050%
Class B investors 1247040 18.69% 950868 20.38% 0.00762500%
Class C investors 3452420 51.75% 1352195 28.98% 0.00391666%
Total 6671780 100.00% 4666000 100.00% 0.00699364%
The above placement results comply with the offline placement principles published in the announcement of issuance arrangement and preliminary inquiry, of which 332 zero shares are placed to Tongtai CSI 300 index quantitative enhanced securities investment fund managed by Tongtai Fund Management Co., Ltd. in accordance with the offline placement principles published in the announcement of issuance arrangement and preliminary inquiry.
See the attached table for the allocation of each placing object. 3、 Contact information of sponsor (lead underwriter)
If the above offline investors have any questions about the offline placement results announced in this announcement, please contact the sponsor (lead underwriter) of this offering. The specific contact information is as follows:
Legal representative: Zhang Youjun
Registered address: North block, Zhuoyue Times Square (phase II), No. 8, Zhongxin Third Road, Futian District, Shenzhen, Guangdong contact: stock capital market department
Tel.: 010-6083 3640
Contact email: [email protected].
Issuer: sponsor (lead underwriter) of Zhejiang Biyi Electric Appliance Co., Ltd.: Citic Securities Company Limited(600030) February 11, 2022 (there is no text on this page, which is the seal page of the announcement of offline preliminary placement results and online winning results of initial public offering of shares by Zhejiang Biyi Electric Appliance Co., Ltd.)
Issuer: Zhejiang Biyi Electric Appliance Co., Ltd. (this page has no text and is the seal page of the announcement of offline preliminary placement results and online winning results of initial public offering of shares by Zhejiang Biyi Electric Appliance Co., Ltd.)
Sponsor (lead underwriter): Citic Securities Company Limited(600030) attached table: preliminary placement list of offline investors of Biyi shares
Serial number name of investor name of placing object name of securities account subscription quantity (10000 preliminary placing quantity allocated amount (yuan) (shares) Class
1. Anxin Fund Management Co., Ltd. Anxin’s comparative advantages and flexible allocation of hybrid securities investment fund d890140974 480.00 575 7187.50 a
2 Anxin Fund Management Co., Ltd. Anxin strategy selection flexible configuration hybrid securities investment fund d890796526 480.00 575 7187.50 a
3. Anxin Fund Management Co., Ltd. Anxin growth power one-year holding hybrid securities investment fund d890231084 480.00 575 7187.50 a
4 Anxin Fund Management Co., Ltd. Anxin growth selected hybrid securities investment fund d890237802 480.00 575 7187.50 a
5 Anxin Fund Management Co., Ltd. Anxin innovative pioneer hybrid sponsored securities investment fund d890242881 480.00 575 7187.50