China Mobile Co., Ltd
Announcement of IPO results
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)
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 number of shares issued by the company after the issuance (before the exercise of the over allotment option), all of which are new shares issued to the public without the transfer of old shares. The issuer grants the co lead underwriters the over allotment option (or “green shoes”) that 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, accounting for about 4.53% of the total number of shares issued by the company 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. According to the preliminary inquiry results, considering the issuer’s fundamentals, valuation level of comparable companies, industry, market conditions, demand for raised funds, underwriting risk and other factors, the issuance price is determined to be 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.
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 over allotment).
The online and offline subscription and payment of this offering has been completed on December 24, 2021 (T + 2). I. statistics of new share subscription
According to the data provided by Shanghai Stock Exchange and China Securities Depository and Clearing Co., Ltd. Shanghai Branch (hereinafter referred to as “CSDCC Shanghai Branch”), the joint lead underwriters have made statistics on the subscription of new shares issued online and offline, and the results are as follows:
(i) Online subscription of new shares
1. Number of shares subscribed by online investors: 423121689 shares
2. Subscription amount paid by online investors: 24363346852.62 yuan
3. Number of unpaid subscriptions by online investors: 12910311 shares
4. Unpaid subscription amount of online investors: 743375707.38 yuan
（2） Offline subscription of new shares
1. Number of shares subscribed by offline investors: 114289353 shares
2. Subscription amount paid by offline investors: 6580780945.74 yuan
3. Number of unpaid subscriptions by offline investors: 220647 shares
4. Unpaid subscription amount of offline investors: 12704854.26 yuan
The specific list of offline investors who give up their subscription is as follows:
The number of allocated shares is unlocked, including the number of investors who give up the subscription order, the number of allocated objects, the number of allocated shares, the number of shares (shares), the number of allocated shares (shares), the number of allocated shares (yuan) (shares) (shares)
Bohai Huijin innovation price
1. One year holding period of asset value of Bohai Huijin securities 1248033744087376156.74124803 Co., Ltd. combined sponsored securities
investment funds
2 Tibet Haihan transportation development Tibet Haihan Transportation Development Co., Ltd. 1173035198211675413.401730 Exhibition Co., Ltd
De Mei, Shunde District, Foshan City
3 Chemical Group Co., Ltd. Meihua Chemical Group Co., Ltd. 1173035198211675413.401730
4 wendarui wendarui 18045411621030874.321804
5 Qin Yong Qin Yong 18045411263103874.321804
6 fangjiao, fangjiao 1804541162103874.321804
Total 153675461011075748848606.50153675
The specific list of offline investors who have not paid in full is as follows:
Number of allotted shares actual number of allotted shares abandoned number of subscribed shares sequence investor’s allotment amount payable for (shares) actual payment (shares) actual allotment amount (shares)
No. image no lock with lock (yuan) amount (yuan) no lock with lock quota (yuan) no lock with lock period fixed period
Bohai exchange
Gold securities Jin Xindong
1. Asset management and energy theme 29953698895748902.362498972.001302303802498972.001693339509 Management Limited mixed type
Corporate securities investment
Endowment Fund
Shenzhen Yihu family
Yihu investment park 1
2. Private equity certificate of asset management 35198211675413.4069096.0036084069096.0031597371 limited public bond investment
Si fund
Total 33472781006424315.762568068.001338031222568068.002009246880
2、 Underwriting by joint lead underwriters
In accordance with the measures for the administration of securities issuance and underwriting (CSRC order [No. 144]) (hereinafter referred to as the “measures”)
Administrative measures for initial public offering and listing (CSRC order [No. 173]), initial public offering and listing
Code for underwriting business of secondary public offering (zzxf [2018] No. 142, hereinafter referred to as “business code”)
Detailed rules for placement of initial public offering shares (zzxf [2018] No. 142, hereinafter referred to as “detailed rules for placement”),
All the unpaid subscription shares of online and offline investors shall be underwritten by the joint lead underwriters and underwritten by the joint lead underwriters
The number of shares is 13130958, and the underwriting amount is 756080561.64 yuan, accounting for the proportion after the full exercise of green shoes
The proportion of issuance scale is 1.35%.
On December 28, 2021 (T + 4), the co lead underwriters will underwrite funds with strategic placement investors
And the total amount of funds paid and subscribed by online investors (excluding the funds obtained from over allotment of shares) to offline investors
The issuer shall submit an application for share registration to CSDCC Shanghai branch and register the underwritten shares in the joint stock exchange
The securities account designated by the lead underwriter.
The co lead underwriters of this offering voluntarily promise that the shares from this offering will be listed on the Shanghai Stock Exchange
Within 30 natural days (including the 30th natural day) from the date of listing and trading, if it is a holiday, it shall be postponed to the next day
One trading day), the co lead underwriters do not sell the shares without lock up period in their underwritten shares (among the underwritten shares)
The shares with a fixed lock period shall be locked for 6 months from the date when the shares issued this time are listed and traded on the Shanghai Stock Exchange).
3、 Contact information of CO lead underwriters
If online and offline 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:
(i) Co sponsor (co lead underwriter): China International Capital Corporation Limited(601995)
Legal representative: Shen rujun
Address: 27th floor and 28th floor, building 2, international trade building, No. 1, Jianguomenwai street, Chaoyang District, Beijing
Tel.: 010-65353015
Consultation email: [email protected].
Contact: capital market department
（2） Co sponsor (co lead underwriter): Citic Securities Company Limited(600030)
