Wuhan Tianyuan environmental protection Co., Ltd
Initial public offering and listing on GEM
Announcement of issuance results
Sponsor (co lead underwriter): Zhongtian Guofu Securities Co., Ltd
Co lead underwriter: China International Capital Corporation Limited(601995)
hot tip
Wuhan Tianyuan environmental protection Co., Ltd. (hereinafter referred to as “Tianyuan environmental protection”, “issuer” or “company”) has applied for an initial public offering of no more than 102.5 million common shares (A shares) and listing on the gem (hereinafter referred to as “this offering”) and has been listed on the Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock Exchange”) ）The GEM Listing Committee deliberated and adopted, Zhongtian Guofu Securities Co., Ltd. (hereinafter referred to as “Zhongtian Guofu securities” or “sponsor (co lead underwriter)”) serves as the sponsor (co lead underwriter) of this offering and China International Finance Co., Ltd. (hereinafter referred to as ” China International Capital Corporation Limited(601995) “) ）Served as the co lead underwriter of this offering (Zhongtian Guofu securities and China International Capital Corporation Limited(601995) collectively referred to as the “co lead underwriter”). The issuer’s shares are referred to as “Tianyuan environmental protection” for short and the stock code is “301127”.
This issuance is finally carried out by 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 Shenzhen 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 102.5 million, all of which are new shares without transfer of old shares. The issue price is RMB 12.03/share. The price of this offering shall not exceed the median and weighted average of offline investors’ quotations after excluding the highest quotation, as well as the Securities Investment Fund (hereinafter referred to as “public fund”), the National Social Security Fund (hereinafter referred to as “social security fund”) and the basic old-age insurance fund (hereinafter referred to as “pension”) established through public offering after excluding the highest quotation ）、 The enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund (hereinafter referred to as “enterprise” and “insurance fund”) ）The lower of the median quotation and the weighted average, so the relevant subsidiaries of the sponsor need not participate in the strategic placement. This offering does not arrange the asset management plan to the senior managers and core employees of the issuer and the strategic placement to other external investors. The difference between the initial number of strategic placements and the final number of strategic placements is 5125000 shares, which will be transferred back to offline issuance.
After the strategic placement call back and before the online and offline call back mechanism was launched, the initial number of offline shares was 83.025 million, accounting for 81.00% of the number of shares issued this time; The initial number of shares issued online was 19.475 million, accounting for 19.00% after deducting the number of shares issued this time. According to the callback mechanism announced in the announcement of Wuhan Tianyuan environmental protection Co., Ltd. on initial public offering and listing on the gem (hereinafter referred to as the “issuance announcement”), since the initial effective subscription multiple on the Internet is 8157.85407 times, higher than 100 times, the issuer and the joint lead underwriters decided to start the callback mechanism to reduce the number of shares issued this time by 20% (rounded up to the integral multiple of 500 shares, i.e. 20.5 million shares) will be transferred from offline to online. After the transfer back, the final number of shares issued offline will be 62.525 million shares, accounting for 61.00% of the total number of shares issued this time; the final number of shares issued online will be 39.975 million shares, accounting for 39.00% of the total number of shares issued this time. After the transfer back, the winning rate of this online pricing issue will be 0.0251614158%, and the subscription multiple will be 3974.33916 Times.
The online and offline subscription and payment of this offering has been completed on December 23, 2021 (T + 2). The details are as follows:
1、 Statistics on subscription of new shares
According to the data provided by Shenzhen Stock Exchange and Shenzhen Branch of China Securities Depository and Clearing Corporation Limited (hereinafter referred to as “Shenzhen Branch of China Securities Depository and Clearing Corporation”), the joint lead underwriters have made statistics on the subscription of new shares issued online and offline. The results are as follows:
(i) Online subscription of new shares
1. Number of shares subscribed by online investors (shares): 39873687
2. Subscription amount paid by online investors (yuan): 479680454.61
3. Number of shares waived by online investors (shares): 101313
4. Amount of subscription abandoned by online investors (yuan): 1218795.39
（2） Offline subscription of new shares
1. Number of shares subscribed by offline investors (shares): 62525000
2. Subscription amount paid by offline investors (yuan): 752175750.00
3. Number of shares that offline investors give up subscription (shares): 0
4. Amount of subscription abandoned by offline investors (yuan): 0
2、 Offline proportional restriction
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 this offering, the number of shares paid and subscribed by offline investors is 62525000, of which the number of shares restricted for 6 months is 6255924, accounting for about 10.01% of the number of shares paid and subscribed by offline investors.
3、 Underwriting by the recommendation institution (joint lead underwriter)
Online The number of shares that offline investors give up subscription is underwritten by the sponsor (co lead underwriter). The number of shares underwritten by the sponsor (co lead underwriter) is 101313 shares, with an underwritten amount of 1218795.39 yuan. The proportion of the number of shares underwritten by the sponsor (co lead underwriter) in the total number of issuing banks is 0.0988%. On December 27, 2021 (T + 4), the sponsor (co lead underwriters) transfer the underwriting funds together with the funds raised from offline and online issuance minus the recommendation underwriting fee to the issuer. The issuer submits an application for share registration to CSDCC Shenzhen Branch and registers the underwriting shares in the securities account designated by the recommendation institution (co lead underwriters). IV. contact information of the co lead underwriters
If investors have any questions about the issuance results announced in this announcement, please contact the joint lead underwriters of this issuance. Contact details are as follows:
Sponsor (co lead underwriter): Zhongtian Guofu Securities Co., Ltd
Address: 49 / F, China energy storage building, 3099 Keyuan South Road, Nanshan District, Shenzhen
Tel: 0755-28777959, 0755-28777960
Contact: capital market department
Co lead underwriter: China International Capital Corporation Limited(601995)
Address: 27th floor and 28th floor, tower 2, international trade building, No. 1, Jianguomenwai street, Chaoyang District, Beijing
Tel.: 010-65353014
Contact: capital market department
Issuer: sponsor of Wuhan Tianyuan environmental protection Co., Ltd. (co lead underwriter): CO lead underwriter of Zhongtian Guofu Securities Co., Ltd. China International Capital Corporation Limited(601995) December 27, 2021
(there is no text on this page, which is the seal page of the announcement on the results of initial public offering and listing on the gem of Wuhan Tianyuan environmental protection Co., Ltd.)
Issuer: Wuhan Tianyuan environmental protection Co., Ltd
(there is no text on this page, which is the seal page of the announcement on the results of initial public offering and listing on the gem of Wuhan Tianyuan environmental protection Co., Ltd.)
Sponsor (co lead underwriter): Zhongtian Guofu Securities Co., Ltd. (mm / DD / yyyy)
(there is no text on this page, which is the seal page of the announcement on the results of initial public offering and listing on the gem of Wuhan Tianyuan environmental protection Co., Ltd.)
Co lead underwriter: China International Capital Corporation Limited(601995) mm / DD / yy
