603070: Announcement on online issuance and subscription of initial public offering shares of Wankong Zhizao and winning rate

Wankong Zhizao Co., Ltd

Announcement on online issuance and subscription of IPO shares and winning rate sponsor (lead underwriter): Guotai Junan Securities Co.Ltd(601211)

hot tip

The application of Wankong Zhizao Co., Ltd. (hereinafter referred to as “the issuer” or “Wankong Zhizao”) for the initial public offering of 60 million RMB common shares (A shares) (hereinafter referred to as “this offering”) has been approved by the China Securities Regulatory Commission in document zjxk [2022] No. 302. 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 or non restricted depositary receipts in Shanghai market with a certain market value (hereinafter referred to as “online issuance”).

The issuer negotiated with the recommendation institution (lead underwriter) Guotai Junan Securities Co.Ltd(601211) (hereinafter referred to as “recommendation institution (lead underwriter)”) to determine that the number of A-Shares issued this time is 60 million. Before the callback mechanism is launched, the number of offline issued shares is 42 million, that is, 70.00% of the number of issued shares this time; The number of shares issued online is 18 million, accounting for 30.00% of the number issued this time. The price of this offering is 9.42 yuan / share.

Wankong Zhizao issued 18 million A-Shares of “Wankong Zhizao” through the online pricing of the trading system of Shanghai Stock Exchange on March 1, 2022 (T).

Please pay attention to the issuance process, online and offline subscription, payment and other links of this issuance, and timely fulfill the payment obligation on March 3, 2022 (T + 2).

1. Offline investors shall, according to the announcement on offline preliminary placement results and online winning results of initial public offering of A-Shares by Wankong Zhizao Co., Ltd. (hereinafter referred to as “announcement on offline preliminary placement results and online winning results”), according to the finally determined issuance price and preliminary placement quantity before 16:00 on March 3 (T + 2) 2022, Pay the subscription funds for new shares in full and on time.

After online investors win the subscription of new shares, they shall fulfill their payment obligations according to the announcement of offline preliminary placement results and online winning results, so as to ensure that their capital account will have sufficient new share subscription funds on March 3 (T + 2) 2022. The transfer of investors’ funds shall comply with the relevant regulations 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 investor who provides effective quotation fails to participate in the subscription or the offline investor who obtains the preliminary placement fails 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 three times in a row within 12 months, they shall not participate in the subscription of online new shares, depositary receipts, convertible corporate bonds and exchangeable corporate bonds within 6 months.

1、 Online subscription and initial winning rate of online issuance

According to the data provided by Shanghai Stock Exchange, the number of valid subscription households for this online offering is 13943394, and the number of valid subscription shares is 131805851000. The initial winning rate of online issuance was 001365645%. The total number of allotments is 131805851, and the number range is 10000 Ping An Bank Co.Ltd(000001) 00131805850.

2、 Implementation of callback mechanism, issuance structure and final winning rate of online issuance

According to the callback mechanism announced in the announcement of Wankong Zhizao Co., Ltd. initial public offering of shares, since the initial effective subscription multiple of online investors before the callback is 732255 times, more than 150 times, the issuer and the sponsor (lead underwriter) decided to start the callback mechanism to callback 60.00% (36 million shares) of the issuance scale from offline to online.

After the implementation of the callback mechanism, the issuance structure is as follows: the final number of offline issuance is 6 million shares, accounting for 10.00% of the total issuance; The final number of shares issued online was 54 million, accounting for 90.00% of the total issued this time. After the callback mechanism is started, the final winning rate of online issuance is 004096935%.

3、 Online lottery

The issuer and the recommendation institution (lead underwriter) will conduct the lottery for online subscription of this offering in the meeting room of Haitang hall on the fourth floor of Guoxin Zijinshan Hotel, No. 778 Dongfang Road, Pudong New Area, Shanghai on the morning of March 2 (T + 1), 2022, and will publish it in China Securities News, securities times and Shanghai Securities News on March 3, 2022 (T + 2) The Securities Daily published the results of online lottery.

Issuer: sponsor (lead underwriter) of Wankong Zhizao Co., Ltd.: Guotai Junan Securities Co.Ltd(601211) March 2, 2022

(there is no text on this page, which is the seal page of the announcement on the online issuance and subscription of Wankong Zhizao Co., Ltd. initial public offering shares and the winning rate)

Issuer: Wankong Zhizao Co., Ltd. date:

(there is no text on this page, which is the seal page of the announcement on the online issuance and subscription of Wankong Zhizao Co., Ltd. initial public offering shares and the winning rate)

Sponsor (lead underwriter): Guotai Junan Securities Co.Ltd(601211) mm / DD / yyyy

- Advertisment -