Wuhan Guangting Information Technology Co., Ltd
Initial public offering and listing on GEM
Announcement of preliminary placement results of offline issuance
Sponsor (lead underwriter): Sinolink Securities Co.Ltd(600109)
hot tip
Wuhan Guangting Information Technology Co., Ltd. (hereinafter referred to as "Guangting information" or "issuer") has applied for the initial public offering of 23155600 RMB common shares (A shares) (hereinafter referred to as "this offering") and listing on the gem in Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock exchange") ）The GEM Listing Committee has examined and approved it and has agreed to register with China Securities Regulatory Commission (hereinafter referred to as "CSRC") (zjxk [2021] No. 3495).
Issuer and sponsor (lead underwriter) Sinolink Securities Co.Ltd(600109) (hereinafter referred to as "sponsor (lead underwriter)" or " Sinolink Securities Co.Ltd(600109) " ）Through negotiation, the number of shares issued this time is 23155600. The offering price is 69.89 yuan / share, which does not exceed the median and weighted average of offline investors' quotations after excluding the highest quotation, And the Securities Investment Fund (hereinafter referred to as "public fund") established through public offering after excluding the highest quotation, the National Social Security Fund (hereinafter referred to as "social security fund"), the basic old-age insurance fund (hereinafter referred to as "pension"), and the enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund (hereinafter referred to as "enterprise annuity fund") ）And insurance funds (hereinafter referred to as "insurance funds") in accordance with the measures for the administration of the use of insurance funds, whichever is lower.
According to the issuing price, the relevant subsidiaries of the recommendation institution do not participate in the strategic placement. Only the senior management and core employees of the issuer participate in the special asset management plan established by the strategic placement. The final number of strategic placement is 6123900 shares, accounting for 2.64% of the total number of this issuance, The difference between the initial strategic placement and the final strategic placement was 28609500 shares, which were transferred back to offline issuance.
This offering will eventually adopt directional placement to strategic investors (hereinafter referred to as "strategic placement"), offline inquiry placement to qualified offline investors (hereinafter referred to as "offline issuance") and online pricing issuance to social public investors holding the market value of non restricted A-Shares and non restricted depositary receipts in Shenzhen market (hereinafter referred to as "online issuance") ）Combined.
After the strategic placement callback and before the online and offline callback mechanism was launched, the number of offline issuance was 16638710 shares, accounting for 73.81% of the number of this issuance after deducting the final strategic placement; The number of shares issued online was 5.9045 million, accounting for 26.19% of the number issued this time after deducting the final strategic placement. The total number of final offline and online issuance is 22543100 shares, and the final number of online and offline issuance will be determined according to the call back situation.
According to the callback mechanism announced in the announcement of Wuhan Guangting Information Technology Co., Ltd. on initial public offering and listing on the gem (hereinafter referred to as the "issuance announcement"), since the initial effective online subscription multiple is 11063.56703 times, more than 100 times, the issuer and the sponsor (lead underwriter) decides to start the callback mechanism, which will deduct 20% of the shares issued this time after the final strategic placement (rounded up to an integral multiple of 500 shares, i.e. 4.599 million shares) will be transferred from offline to online. After the callback mechanism is started, the final number of offline shares will be 121297100 shares, accounting for 53.81% of the total number of shares issued this time after deducting the final strategic placement; the final number of online shares will be 104135000 shares, accounting for 46.19% of the total number of shares issued this time after deducting the final strategic placement After, the winning rate of this online issuance was 0.0159411050%, and the effective subscription multiple was 6273.09084 times. Investors are kindly requested to pay attention to the payment process of this offering and fulfill their payment obligations in time on December 15, 2021 (T + 2). The specific contents are as follows:
1. Offline allocated investors shall, in accordance with this announcement, timely and fully pay the subscription funds for new shares according to the final issuance price and preliminary placement quantity before 16:00 on December 15 (T + 2) 2021. The subscription funds shall arrive before 16:00 on December 15 (T + 2) 2021.
The subscription funds shall be paid in full within the specified time. If the subscription funds are not paid in full within the specified time or as required, all the new shares allocated to the placing object shall be invalid. If the above circumstances occur when multiple new shares are issued on the same day, all the new shares allocated to the placing object shall be invalid. If different placing objects share bank accounts, if the subscription funds are insufficient, all the new shares allocated to the placing objects sharing bank accounts will be invalid. Offline investors are allocated multiple new shares on the same day. Please pay for each new share separately.
The shares that offline investors give up to subscribe for are underwritten by the sponsor (lead underwriter).
2. Among the shares issued this time, the shares issued online have no circulation restrictions and restricted sales period arrangements, and can be circulated from the date of listing of the shares issued this time on the Shenzhen Stock Exchange.
The offline distribution part adopts the proportional sales restriction method, Offline investors shall promise 10% of the number of shares allocated to them (rounded up) the sales restriction period is 6 months from the date of the issuer's initial public offering and listing. That is, 90% of the shares allocated to each placing object have an unlimited sales period, which 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, which shall be calculated 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 subscription, 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 arrangement of the online sales restriction period disclosed in this announcement.
In terms of strategic placement, the special asset management plan established by the issuer's senior managers and core employees participating in the strategic placement is Sinolink Securities Co.Ltd(600109) Guangting information employees participating in the gem strategic placement collective asset management plan, and promised that the restricted period of their allocated shares is 12 months, which shall be calculated from the date of listing of the publicly issued shares on the Shenzhen Stock Exchange. After the expiration of the sales restriction period, the reduction of the allocated shares by the strategic investors shall be subject to the relevant provisions of the CSRC and the Shenzhen Stock Exchange on share reduction.
3. When the total number of shares paid and subscribed by offline and online investors is less than 70% of the number of public offerings after deducting the final strategic placement, the issuer and the sponsor (lead underwriter) will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements.
4. If the offline investors who provide effective quotation fail to participate in the subscription or fail to subscribe in full, and the offline investors who obtain the preliminary placement fail to pay in full and in time, they will be deemed as breach of contract and shall bear the liability for breach of contract, The sponsor (lead underwriter) shall report the breach of contract to the China Securities Association for the record. The number of violations of the placing object in the science and innovation board, gem and main board shall be calculated together. During the period when it is listed in the restricted list, the relevant placing object shall not participate in the offline inquiry and placement of relevant projects in the science and innovation board, gem and main board.
5. Once this announcement is published, it shall be deemed to have served the notice of allocated payment to the offline investors participating in offline subscription. 1、 Strategic placement results
(i) Participants
The issuing price of this offering shall not exceed the lower of the median and weighted average of offline investors' quotations 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.
According to the final issue price, the relevant subsidiaries of the sponsor need not participate in follow-up investment. The final number of strategic placement shares in the special asset management plan for senior managers and core employees of the issuer was 6123900 shares, accounting for 2.64% of the number of shares issued this time.
To sum up, only the senior managers and core employees of the issuer participated in the strategic placement of this issuance, and the final number of strategic placement was 6123900 shares, accounting for 2.64% of the total amount of this issuance. The difference between the initial strategic placement and the final strategic placement of 28609500 shares will be transferred back to offline issuance.
See Sinolink Securities Co.Ltd(600109) special verification report on strategic investors of Wuhan Guangting Information Technology Co., Ltd. in initial public offering and listing on GEM and Yuanwen published on December 10, 2021 (t-1) for details of the verification of strategic investors (Shanghai) law firm's legal opinion on the verification of strategic investors of Wuhan Guangting Information Technology Co., Ltd. in its initial public offering and listing on the gem.
（2） Allocation
As of December 7, 2021 (T-4), the strategic investors have paid the subscription funds in full and on time. According to the relevant provisions in the strategic placement agreement signed between the issuer and the strategic investors, the strategic placement results of this issuance are determined as follows:
Name of strategic investor number of allocated shares (shares) amount allocated (yuan) sales restriction period
Sinolink Securities Co.Ltd(600109) Guangting information employees participated in entrepreneurship for 6123904279937.1012 months
Board strategic placement collective asset management plan
（3） War investment callback
The initial strategic placement quantity of this issuance is 34733400 shares, accounting for 15.00% of the total amount of this issuance. According to the finally determined issuance price, the final strategic placement object of this issuance is only the special asset management plan of the issuer's senior managers and core employees. The number of final strategic placement objects is 6123900 shares, accounting for 2.64% of the total issuance. The difference between the final strategic placement quantity and the initial strategic placement quantity is 28609500 shares, which are transferred back to offline issuance.
（4） Arrangement of sales restriction period
The senior management personnel and core employees of the issuer participate in the special asset management established by this strategic placement, and the sales restriction period of the allocated shares is 12 months, which shall be calculated from the date of listing of the publicly issued shares on the Shenzhen Stock Exchange.
After the expiration of the sales restriction period, the reduction of the allocated shares by the strategic investors shall be subject to the relevant provisions of the CSRC and the Shenzhen Stock Exchange on share reduction. 2、 Offline issuance and subscription and preliminary placement results
(i) Offline issuance and subscription
According to the measures for the administration of securities issuance and underwriting (CSRC order [No. 144]), the special provisions on the issuance and underwriting of initial public offerings on the gem (CSRC announcement [2021] No. 21), the implementation rules for the issuance and underwriting of initial public offerings on the gem of Shenzhen Stock exchange (SZS [2021] No. 919) Detailed rules for the implementation of offline issuance of initial public offerings in Shenzhen market (SZS [2020] No. 483), code for underwriting of initial public offerings under the registration system (zsxf [2021] No. 213), rules for the administration of offline investors of initial public offerings under the registration system (zsxf [2021] No. 212), and detailed rules for the placement of initial public offerings (zxsf [2018] No. 142) and other relevant regulations, the sponsor (lead underwriter) has verified and confirmed the qualification of investors participating in offline subscription. According to the effective subscription results finally received by the offline issuance electronic platform of Shenzhen Stock Exchange, the sponsor (lead underwriter) makes the following statistics:
The offline subscription of this offering was completed on December 13, 2021 (t day). After verification, it is confirmed that all 7268 effective quotation placement objects managed by 337 offline investors disclosed in the issuance announcement have participated in offline subscription in accordance with the requirements of the issuance announcement, and the number of effective subscription is 37271.3 million shares.
（2） Preliminary offline placement results
According to the offline placement principle and calculation method published in the announcement on initial public offering and listing on gem of Wuhan Guangting Information Technology Co., Ltd. (hereinafter referred to as the "announcement on preliminary inquiry and recommendation"), the issuer and the sponsor (the lead underwriter) has made a preliminary placement of offline issued shares. The effective subscription and preliminary placement of various offline investors are shown in the table below:
The proportion of effective subscription shares in the number of effective initial placement offline and the number of subscription (shares) of initial placement object types (10000 shares) issued by various investors Online
Proportion proportion
Class a investors (public offering products, social security funds)
Pension, pension, enterprise 213614057.31% 851914670.23% 0.03988103% (occupational pension fund and insurance fund)
Class B investors (88400.24% 315270.26% 0.03566403% qualified overseas institutional investment)
(investor funds)
Class C investors 158215042.45% 357903729.51% 0.02262135%
Total 3727130100% 12129710100%-
Note: if the total is inconsistent with the mantissa of the sum of the sub item values, it is caused by rounding.
Among them, the remaining 2400 shares were placed to the "enterprise annuity plan of Xuzhou Mining Group Co., Ltd." managed by the investor " China International Capital Corporation Limited(601995) " in accordance with the offline placement principle in the preliminary inquiry and promotion announcement.
The above preliminary placement arrangements and results comply with the placement principles published in the preliminary inquiry and promotion announcement. Finally, the allocation of each placement object is detailed in the "attached table: preliminary placement details of offline investors". 3、 Contact information of sponsor (lead underwriter)
If offline investors have doubts about the offline preliminary placement results announced in this announcement
