China Mobile Co., Ltd
Joint sponsor (joint lead underwriter): China International Capital Corporation Limited(601995)
Co sponsor (co lead underwriter): Citic Securities Company Limited(600030)
Co lead underwriter: China Securities Co.Ltd(601066)
Co lead underwriter: Huatai United Securities Co., Ltd
Co lead underwriter: Boc International (China) Co.Ltd(601696)
Co lead underwriter: China Merchants Securities Co.Ltd(600999)
hot tip
The application of China Mobile Co., Ltd. (hereinafter referred to as "China Mobile", "the issuer" or "the company") for the initial public offering of RMB common shares (A shares) (hereinafter referred to as "the offering") has been approved by the China Securities Regulatory Commission in document zjxk [2021] No. 3902. The co sponsor (co lead underwriter) of the offering is China International Capital Corporation Limited(601995) (hereinafter referred to as "the offering") “ China International Capital Corporation Limited(601995) ”）、 Citic Securities Company Limited(600030) (hereinafter referred to as " Citic Securities Company Limited(600030) "), the co lead underwriters are China Securities Co.Ltd(601066) (hereinafter referred to as " China Securities Co.Ltd(601066) "), Huatai United Securities Co., Ltd. (hereinafter referred to as "Huatai united"), Boc International (China) Co.Ltd(601696) (hereinafter referred to as " Boc International (China) Co.Ltd(601696) ") and China Merchants Securities Co.Ltd(600999) (hereinafter referred to as " China Merchants Securities Co.Ltd(600999) ") ( China International Capital Corporation Limited(601995) , Citic Securities Company Limited(600030) , China Securities Co.Ltd(601066) , Huatai united, Boc International (China) Co.Ltd(601696) and China Merchants Securities Co.Ltd(600999) ) "Co lead underwriters").
This issuance is conducted by a combination of directional placement to strategic investors (hereinafter referred to as "strategic placement"), offline inquiry placement to qualified 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 Shanghai market (hereinafter referred to as "online issuance").
The issuer and the joint lead underwriters have negotiated and determined that the number of shares issued this time is 845700000, It accounts for about 3.97% of the total share capital after the issuance (before the exercise of the over allotment option), all of which are public issuance of new shares without the transfer of old shares. The issuer grants the over allotment option to the joint lead underwriters, which does not exceed 15.00% of the number of shares initially issued. If the green shoes are fully exercised, the total number of shares issued will be expanded to 972555000 shares, accounting for about 4.53% of the total share capital after the issuance (after the over allotment option is fully exercised). All the over allotment shares are placed to online investors.
All the subscription funds promised by the strategic investors in this offering have been remitted to the bank account designated by the joint lead underwriters within the specified time. The final number of strategic placement is 422013000 shares, accounting for 49.90% of the total amount of this offering before the exercise of green shoes and 43.39% of the total amount of this offering after the full exercise of green shoes; The difference between the initial strategic placement and the final strategic placement of 837000 shares will be transferred back to offline issuance.
Before the launch of the online and offline call back mechanism, the initial offline issuance after the adjustment of the strategic placement was 296832000 shares, accounting for about 70.06% of the total issuance before the exercise of green shoes after deducting the final strategic placement issuance; Accounting for about 53.92% of the total issuance amount after deducting the final strategic placement issuance amount after the full exercise of green shoes; Before the launch of the online and offline call back mechanism and the launch of green shoes, the initial number of shares issued online was 126855000, accounting for about 29.94% of the total number of shares issued this time after deducting the number of shares issued by the final strategic placement; Before the launch of the online and offline call back mechanism and after the green shoes are put into use, the initial number of shares issued online is 253710000, accounting for about 46.08% of the total number of shares issued this time after the green shoes are fully exercised after deducting the number of shares issued by the final strategic placement.
The total number of final offline and online issuance is the total amount of this public offering minus the final strategic placement. The final offline and online issuance will be determined according to whether to enable the over allotment option and callback. The issue price is 57.58 yuan / share.
According to the over allotment option mechanism announced in the announcement on the issuance arrangement and preliminary inquiry of China Mobile's initial public offering of shares, the issuer and the joint lead underwriters negotiated and determined to enable the green shoe mechanism according to the subscription of this offering, and over allotment 126855000 shares to online investors, accounting for about 15.00% of the initial issued shares.
The issuer and the co lead underwriter initially issued 253710000 "China Mobile" A-Shares (including over allotment) through the online pricing of the trading system of Shanghai Stock Exchange on December 22, 2021 (T).
1、 Online subscription
According to the data provided by Shanghai Stock Exchange, the number of effective subscription accounts for this online offering is 14747093, and the number of effective subscription shares is 351302617000. The total number of allotments is 351302617, and the number range is 1000000000-100351302616.
2、 Implementation of over allotment option
The initial number of shares issued this time is 845700000, including 422013000 shares in the final strategic placement, 296832000 shares in the offline initial issuance after the adjustment of the strategic placement, and 126855000 shares in the online initial issuance (before the green shoes). If the green shoes are fully exercised, the total number of shares issued will be expanded to 972555000 shares.
The issuer and the co lead underwriters negotiated and determined to enable the green shoe mechanism according to the subscription of this issuance, and oversubscribed 126855000 shares to online investors, accounting for about 15.00% of the number of shares initially issued. Before the callback mechanism was launched and after the over allotment was enabled, the initial number of online issuance was 253710000 shares, and the initial winning rate of online issuance was 0.07221979%.
3、 Implementation of callback mechanism, issuance structure and final winning rate of online issuance
According to the callback mechanism announced in the announcement of China Mobile's initial public offering of shares, the issuer and the joint lead underwriter decided to start the callback mechanism because the initial effective subscription multiple on the Internet was about 1384.66 times, more than 150 times. After the callback, the proportion of unlocked periodic online issuance banks shall not exceed 10% of the number of shares issued in this public offering, 182322000 shares will be transferred back from offline to online. The number of publicly issued shares referred to in this paragraph shall be calculated according to the number of shares before over allotment and deducting the set restriction period. After the callback mechanism is launched, the final number of shares issued offline is 114510000, of which 34353000 shares are issued offline without lock term and 80157000 shares are issued offline with lock term. The final number of shares issued online is 436032000 shares (including the over allotment part). After the call back, the winning rate of this online issuance is 0.12411863% (including the over allotment part), and the effective subscription multiple is 805.68 times (including the over allotment part).
4、 Online lottery
The issuer and the co lead underwriters agreed to hold the online subscription lottery ceremony at Haitang hall, the conference room on the fourth floor of Zijinshan Hotel, No. 778 Dongfang Road, Pudong New Area, Shanghai on the morning of December 23, 2021 (T + 1), and will be published in China Securities Journal, securities times, Shanghai Securities Journal and Securities Daily on December 24, 2021 (T + 2) The results of online lottery are published on the website.
Investors are kindly requested to pay attention to the payment for this issuance and the disposal of share abandonment, and fulfill their payment obligations in time on December 24, 2021 (T + 2).
1、 Offline investors shall, in accordance with the announcement on offline preliminary placement results and online winning results of initial public offering of shares by China Mobile Co., Ltd. (hereinafter referred to as "announcement on offline preliminary placement results and online winning results"), on December 24, 2021 Before 16:00 on (T + 2 day), pay the subscription funds for new shares in full and on time according to the final issue price and allocated quantity.
After winning the lottery of new shares, online investors shall fulfill their payment obligations in accordance with the announcement of offline preliminary placement results and online lottery results, Ensure that its capital account has sufficient new share subscription funds on December 24 (T + 2) 2021, and the transfer of investors' funds shall comply with the relevant provisions of the securities company where the investors belong. The shares abandoned by offline and online investors shall be underwritten by the joint lead underwriters.
2. When the total number of shares 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 co 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, they will be deemed as breach of contract and shall bear the liability for breach of contract. The joint lead underwriters shall report the breach to the China Securities Association for the record. If an online investor fails to make full payment after winning the lottery three times in a row within 12 months, it shall not participate in the subscription of new shares, depositary receipts, convertible corporate bonds and exchangeable corporate bonds within 6 months (calculated according to 180 natural days, including the next day) from the next day of the settlement participant's latest declaration of abandonment of subscription.
Issuer: China Mobile Co., Ltd. Co sponsor (co lead underwriter): China International Capital Corporation Limited(601995) co sponsor (co lead underwriter): Citic Securities Company Limited(600030) co lead underwriter: China Securities Co.Ltd(601066) co lead underwriter: Huatai United Securities Co., Ltd. Co lead underwriter: Boc International (China) Co.Ltd(601696) co lead underwriter: China Merchants Securities Co.Ltd(600999) December 23, 2021 (seal page of announcement on online subscription and winning rate of initial public offering of China Mobile Limited)
Issuer: China Mobile Co., Ltd. (this page has no text, and is the seal page of the announcement on online subscription and winning rate of initial public offering of China Mobile Co., Ltd.)
Joint sponsor (joint lead underwriter): China International Capital Corporation Limited(601995) mm / DD / yyyy (this page has no text and is the seal page of the announcement on online issuance and subscription of initial public offering shares of China Mobile Co., Ltd. and winning rate)
Joint sponsor (joint lead underwriter): Citic Securities Company Limited(600030) mm / DD / yyyy (this page has no text and is the seal page of the announcement on online issuance and subscription of initial public offering shares of China Mobile Co., Ltd. and winning rate)
Co lead underwriter: China Securities Co.Ltd(601066) mm / DD / yyyy (this page has no text, which is the seal page of the announcement on online issuance and subscription of initial public offering shares of China Mobile Co., Ltd. and winning rate)
Co lead underwriter: Huatai United Securities Co., Ltd. (this page has no text, which is the seal page of the announcement on online issuance and subscription of initial public offering shares of China Mobile Co., Ltd. and winning rate)
Co lead underwriter: Boc International (China) Co.Ltd(601696) mm / DD / yyyy (this page has no text, which is the seal page of the announcement on online issuance and subscription of initial public offering shares of China Mobile Co., Ltd. and winning rate)
Co lead underwriter: China Merchants Securities Co.Ltd(600999) mm / DD / yy
