Hangzhou Baicheng Pharmaceutical Technology Co., Ltd
Initial public offering and listing on GEM
Announcement of issuance results
Sponsor (lead underwriter): Sinolink Securities Co.Ltd(600109)
hot tip
Hangzhou Baicheng Pharmaceutical Technology Co., Ltd. (hereinafter referred to as "Baicheng pharmaceutical" or "the issuer") has applied for the initial public offering of 27041667 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 approved its registration with China Securities Regulatory Commission (zjxk [2021] No. 3566). The sponsor (lead underwriter) of this offering is Sinolink Securities Co.Ltd(600109) (hereinafter referred to as " Sinolink Securities Co.Ltd(600109) " or "sponsor (lead underwriter)"). The issuer's shares are referred to as "Baicheng medicine" for short and the stock code is "301096".
The issuer negotiated with the sponsor (lead underwriter) to determine the number of shares to be issued this time as 27041667. The issue price is 79.60 yuan / share, which does not exceed the median and weighted average of offline investors' quotation after excluding the highest quotation, as well as the securities investment fund established by public offering after excluding the highest quotation (hereinafter referred to as "public fund") ）、 The National Social Security Fund (hereinafter referred to as the "social security fund"), the basic endowment insurance fund (hereinafter referred to as the "pension"), the enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund (hereinafter referred to as the "enterprise annuity fund") and the insurance funds in accordance with the measures for the administration of the use of insurance funds (hereinafter referred to as the "insurance funds") ）The lower of the median or weighted average of the quotation. According to the issuing price, the relevant subsidiaries of the sponsor do not participate in the strategic placement, and 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 1130653 shares, accounting for 4.18% of the total number of issues, The difference between the initial strategic placement and the final strategic placement of 2925596 shares was 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 shares was 19015514, accounting for 73.39% of the number of shares issued this time after deducting the final strategic placement; The number of online issuance is 6895500 shares, accounting for 26.61% of the number of this issuance after deducting the final strategic placement.
According to the callback mechanism announced in the announcement of Hangzhou Baicheng Pharmaceutical Technology Co., Ltd. on initial public offering and listing on the gem, the initial effective online subscription multiple is 10434.42107 times, more than 100 times, The issuer and the recommendation institution (lead underwriter) decide to start the callback mechanism, which will deduct 20.00% of the issued shares after the final strategic placement (rounded up to an integral multiple of 500 shares, i.e. 5182500 shares) will be transferred from offline to online. After the transfer back, the final number of shares issued offline will be 13833014 shares, accounting for 53.39% of the total number of shares issued this time after deducting the final strategic placement; the final number of shares issued online will be 12078000 shares, accounting for 46.61% of the total number of shares issued this time after deducting the final strategic placement. After the transfer back, the number of shares issued online will be The winning rate of the bank was 0.0167865290%, and the effective subscription multiple was 5957.15768.
The online and offline subscription and payment work of this offering has been completed on December 13, 2021 (T + 2). I. statistics of new share subscription
The sponsor (lead underwriter) made statistics on the strategic placement and subscription of new shares issued online and offline according to the payment of the strategic investors and the data provided by Shenzhen Stock Exchange and Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as "Shenzhen Branch of China Securities Depository and Clearing Corporation"), and the results are as follows:
(i) Strategic placement
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 1130653 shares, accounting for 4.18% of the number of shares issued this time.
To sum up, only the senior management and core employees of the issuer participated in the special asset management plan for the strategic placement of this issuance, and the final number of strategic placement was 1130653 shares, accounting for 4.18% of the total amount of this issuance. The difference between the initial strategic placement and the final strategic placement of 2925596 shares will be transferred back to offline issuance.
As of December 3, 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
Fucheng Haifutong Baicheng pharmaceutical employees participated in the strategic placement collective asset management plan of creating 1130653899978.8012-month industry board
（2） Online subscription of new shares
1. Number of shares subscribed by online investors (shares): 11924115
2. Subscription amount paid by online investors (yuan): 949159554.00
3. Number of shares waived by online investors (shares): 153885
4. Amount of subscription abandoned by online investors (yuan): 12249246.00
（3） Offline subscription of new shares
1. Number of shares subscribed by offline investors (shares): 13813716
2. Subscription amount paid by offline investors (yuan): 1099571793.60
3. Number of shares abandoned by offline investors (shares): 19298
4. Amount of subscription abandoned by offline investors (yuan): 1536120.80
The list of unsuccessful offline investors is as follows:
Name of sequential investor name of placing object name of initial allocated payable amount of actual payment number of shares (shares) (yuan) amount (yuan) number of shares (shares)
No. fof1, Jiajin Wenying, Shanghai Jiajin Asset Management Co., Ltd
1. Private securities investment fund 2040162384.0002040 Management Co., Ltd
gold
Shanghai jiaken assets jiaken Tianke No. 1 private 45936536.40459
2. Securities investment fund raised by Management Co., Ltd. 0
Shanghai jiaken asset quantitative collection 6
No. 3 private securities investment 40832476.800408
Management Co., Ltd
fund
Securities investment fund raised by Shanghai jiaken assets jiaken Xingfeng No. 1 private 107185251.601071 4 Management Co., Ltd. 0
5 Shanghai jiaken asset jiaken Xingfeng No. 2 private 1861148135.6001861
Securities investment fund raised by Management Co., Ltd
Shanghai jiaken assets jiaken Longgui robust 1
No. 6 private securities investment 40832476.800408 Management Co., Ltd
fund
Securities investment fund raised by Shanghai jiaken assets jiaken Xingfeng No. 5 private 61248715.20612 7 Management Co., Ltd. 0
8. Securities investment fund raised by Shanghai jiaken assets jiaken Xingfeng No. 9 private 66352774.800663 Management Co., Ltd
Securities investment fund raised by Shanghai jiaken assets jiaken Xingfeng No. 8 private 33126347.60331 9 Management Co., Ltd. 0
Securities investment fund raised by Shanghai jiaken assets jiaken Xingfeng No. 13 private 33126347.6033110 Management Co., Ltd. 0
Securities investment fund raised by Shanghai jiaken assets jiaken Xingfeng No. 3 private 35728417.2035711 Management Co., Ltd. 0
Securities investment fund raised by Shanghai jiaken assets jiaken GuoXuan No. 3 private 53542586.0053512 Management Co., Ltd. 0
Securities investment fund raised by Shanghai jiaken assets jiaken Jinqiu No. 1 private 35728417.2035713 Management Co., Ltd. 0
14. Securities investment fund raised by Shanghai jiaken assets jiaken Xingfeng No. 16 private 1402111599.2001402 Management Co., Ltd
Securities investment fund raised by Shanghai jiaken assets jiaken Xingfeng No. 6 private 79062884.0079015 Management Co., Ltd. 0
Securities investment fund raised by Shanghai jiaken assets jiaken Xingfeng 19 private 73958824.4073916 Management Co., Ltd. 0
Securities investment fund raised by Shanghai jiaken asset jiaken honor No. 1 private 38230407.2038217 Management Co., Ltd. 0
Securities investment fund raised by Shanghai jiaken asset Xinxiang jiaken No. 3 private 45936536.4045918 Management Co., Ltd. 0
Shanghai jiaken assets grew steadily by 4
No. 19 private securities investment 94375062.800943 Management Co., Ltd
fund
Shanghai jiaken asset jiaken Dongfanghong No. 3
20 private securities investment foundation 66352774.800663 Management Co., Ltd
gold
Securities investment fund raised by private 48438526.4048421 Management Co., Ltd., No. 27, jiaken Xingfeng, Shanghai jiaken assets 0
Securities investment fund raised by Shanghai jiaken assets jiaken hehe No. 1 private 102081192.0010222 Management Co., Ltd. 0
Shanghai jiaken assets jiaken Wuya neutral 1
twenty-three
