Huarong Chemical Co., Ltd
Sponsor (lead underwriter): Huatai United Securities Co., Ltd
The application of Huarong Chemical Co., Ltd. (hereinafter referred to as the "issuer") for initial public offering of 120 million RMB common shares (A shares) (hereinafter referred to as "this offering") and listing on the gem has been examined and approved by the members of the GEM Listing Committee of Shenzhen Stock Exchange, and has been approved for registration by the China Securities Regulatory Commission (zjxk [2022] No. 252).
This issuance adopts directional placement to strategic investors (hereinafter referred to as "strategic placement") Offline inquiry and placement (hereinafter referred to as "offline issuance") to qualified offline investors and online pricing issuance (hereinafter referred to as "online issuance") to social public investors holding non restricted A-share shares and market value of non restricted depositary receipts in Shenzhen market.
The issuer and the sponsor (lead underwriter) Huatai United Securities Co., Ltd. (hereinafter referred to as "sponsor (lead underwriter)") will directly determine the issuance price through offline preliminary inquiry, and offline cumulative bidding inquiry will not be conducted.
120000000 shares are proposed to be issued to the public, accounting for 25.00% of the total share capital after issuance. All shares are issued to the public, and the shareholders of the company will not offer shares to the public. After this public offering, the total share capital is 480000000 shares.
The initial strategic placement investor of this issuance is the follow-up investor of the relevant subsidiary of the sponsor (if the offering price exceeds 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, the relevant subsidiaries of the sponsor will participate in the strategic placement of the offering in accordance with relevant regulations), The initial strategic placement issued Shanghai Pudong Development Bank Co.Ltd(600000) 0 shares, accounting for 5.00% of the issued number. The difference between the final strategic placement and the initial strategic placement was transferred back to offline issuance.
Before the launch of the call back mechanism, the initial number of offline shares issued this time was 91200000, accounting for 80.00% of the total number of shares issued this time after deducting the initial strategic placement; The initial number of online issuance is 22800000 shares, accounting for 20.00% of the total amount of this issuance after deducting the initial strategic placement. The total quantity of final offline and online issuance is the total quantity of this issuance minus the final strategic placement quantity. The final offline and online issuance quantity will be determined according to the call back situation. The final offline and online issuance quantity and strategic placement will be specified in the announcement of initial public offering of shares by Huarong Chemical Co., Ltd. and initial offline placement results listed on GEM published on March 14, 2022 (T + 2).
In order to facilitate investors to understand the relevant situation and development prospect of the issuer and the relevant arrangements for the subscription of this offering, the issuer and the sponsor (lead underwriter) of this offering are scheduled to hold an online roadshow on March 9, 2022 (t-1). Please pay attention to it.
1、 Online roadshow website: Panoramic roadshow world（ https://rs.p5w.net. ）
2、 Online roadshow time: 14:00-17:00, March 9, 2022 (Wednesday, t-1)
3、 Participants: key members of the issuer's management and relevant personnel of the sponsor (lead underwriter). The full text of the prospectus and relevant materials of this offering can be found on the websites designated by the CSRC (http://cninfo.cn.info.com.cn; www.cs.com.cn; www.cn.stock.com; www.stcn.com; www.zqrb.cn; www.jjckb.cn) Consult.
Please pay attention to it.
The initial public announcement of Huarong Securities Co., Ltd. (the main page of the announcement of the underwriter of Huarong Securities Co., Ltd. on the online listing of Huarong Securities Co., Ltd.: 2023)
Huarong Chemical Co., Ltd. (this page has no text and is the seal page of the online roadshow announcement of Huarong Chemical Co., Ltd. on initial public offering and listing on the GEM)
Huatai United Securities Co., Ltd
