The issue price is 557.80 yuan / share, and nearly 280000 yuan will be paid in the first signing. The most expensive new share in history, Hemai shares, has been abandoned by a large proportion.
On the evening of December 14, Hemai announced the results of its initial public offering and listing on the science and innovation board. According to the announcement, the number of online investors giving up subscription reached 651400 shares, and the amount of giving up subscription was 363 million yuan; Offline investors did not give up their subscription.
According to the announcement, the number of shares abandoned by online and offline investors is underwritten by the sponsor (lead underwriter), namely Citic Securities Company Limited(600030) . It is worth noting that Citic Securities Company Limited(600030) also participated in the strategic placement of Hemai shares, with an amount of 112 million yuan.
the proportion of online abandonment is 18.74%
Hemai shares announced on December 14 that the purchase of new shares was abandoned in the online issuance.
Specifically, the number of shares subscribed by online investors is 2.8251 million, and the amount subscribed by online investors is 1.576 billion yuan; The number of online investors giving up subscription reached 651400 shares, and the amount of online investors giving up subscription was 363 million yuan; Offline investors did not give up their subscription. Source: announcement of Hemai shares
According to the announcement, after the callback mechanism is started, the final number of offline shares issued is 5.7883 million, accounting for about 62.48% of the number issued after deducting the final strategic placement; The final number of shares issued online was 3.4765 million, accounting for about 37.52% of the number issued after deducting the final strategic placement. Based on this calculation, the proportion of abandonment of new shares issued online by Hemai shares reached 18.74%.
It is understood that the first lot of Hemai shares is 500 shares, and the number of abandoned 651400 shares, in theory, about 1302 winning shareholders give up payment.
Analysts said that the high issue price of Hemai shares may be the main reason for abandoning the purchase. According to the announcement of Hemai shares on the evening of December 9, after the callback mechanism was launched, the final winning rate of online issuance was 0.02886891%, and the issuance price was 557.80 yuan / share. The first signing of Wo Mai shares (500 shares) requires a payment of 278900 yuan.
On the evening of December 14, many shareholders in Hemai stock bar expressed "within expectation" of the abandonment of the purchase, others said "fortunately, I didn't win the lot, otherwise I'm tangled", and some shareholders said "envy the winning lot" and "I don't have a chance to win the lot".
Citic Securities Company Limited(600030) underwriting + follow-up investment
How to deal with the abandonment of online investors?
According to the announcement of Hemai shares, the number of shares abandoned by online and offline investors is underwritten by the sponsor (lead underwriter), i.e. Citic Securities Company Limited(600030) . The number of underwritten shares is 651400 shares, and the underwritten amount is 363 million yuan. The proportion of the number of underwritten shares in the number of shares issued this time after deducting the final strategic placement is 7.0307%, accounting for 6.5139% of the total scale of this issuance.
It is worth mentioning that according to the previous announcement of Hemai, the objects participating in the strategic placement are two strategic investors of Hemai payroll management plan and Citic Securities Company Limited(600030) Investment Co., Ltd. CSI is a wholly-owned subsidiary established by Citic Securities Company Limited(600030) , and Citic Securities Company Limited(600030) holds 100% of its equity.
According to the final strategic placement results announced on the evening of December 14, the number of shares allocated by CSI investment is 200000, accounting for 2% of the number of shares issued this time; The allocated amount (excluding Commission) is RMB 112 million, and the sales restriction period is 24 months. The sales restriction period starts from the date when the shares issued to the public are listed on the Shanghai Stock Exchange. Source: announcement of Hemai shares
Underwriting and follow-up investment, Citic Securities Company Limited(600030) will hold 851400 shares of Hemai shares. According to the company's equity structure announced by Hemei, the sixth largest shareholder of Hemei holds 67.61 shares. Source: announcement of Hemai shares
the raised funds are mainly invested in the field of scientific and technological innovation
According to public information, Hemai Co., Ltd. is a high-tech enterprise with photovoltaic inverter and other power conversion equipment and complete electrical equipment as its main business. Hemai shares said that the funds raised this time will focus on the field of scientific and technological innovation. Source: announcement of Hemai shares
According to the prospectus of initial public offering and listing on the science and Innovation Board issued by Hemai on the evening of December 14, "Hemai intelligent manufacturing base construction project" will further expand the production capacity of the company's advantageous product - micro inverter. At the same time, the project will also help to improve the company's R & D ability and independent innovation ability.
"Energy storage inverter industrialization project" will enable the company to enter the field of photovoltaic energy storage inverter, enrich the company's product line, and help the company to provide users with all-round energy solutions.
"Intelligent complete electrical equipment upgrading and construction project" improves the company's manufacturing equipment level by optimizing the layout of production functions, and further expands the revenue scale of the company's intelligent electrical equipment products while ensuring product quality.
At the same time, according to the business development process, the company reasonably arranges the use of supplementary working capital on the basis of scientific calculation and reasonable scheduling. Such capital will be invested in the company's main business for technology R & D, production and operation, market development and personnel training, which can ensure the smooth development of R & D, production and operation and enhance the company's external expansion strength, Improve market share and anti risk ability.
The proportion of online investors abandoning the purchase of Hemai shares was nearly 19% Citic Securities Company Limited(600030) and they paid RMB 363 million for "taking over" underwriting
The amount of "most expensive new shares" is also the largest. What is the performance of those "high abandoned" new shares on the first day of listing?
28 in case the new shares signed are "rejected"! The purchase abandonment fund reached 360 million Citic Securities Company Limited(600030) . Who will regret "taking it all"?
(China Securities Journal)
