Softcom power information technology (Group) Co., Ltd
Initial public offering and listing on GEM
Announcement of offline preliminary placement results
Sponsor (co lead underwriter): China Securities Co.Ltd(601066)
Co lead underwriter: Minsheng Securities Co., Ltd
hot tip
The application of softcom power information technology (Group) Co., Ltd. (hereinafter referred to as "softcom power" or "issuer") for the initial public offering of no more than 63529412 ordinary shares (A shares) (hereinafter referred to as "this offering") has been examined and approved by the members of the gem listing committee of Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange"), It has been approved for registration by China Securities Regulatory Commission (zjxk [2022] No. 123).
This offering is conducted through the 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 Shenzhen market (hereinafter referred to as "online issuance").
China Securities Co.Ltd(601066) (hereinafter referred to as " China Securities Co.Ltd(601066) securities") serves as the sponsor (co lead underwriter) of this offering, and Minsheng Securities Co., Ltd. (hereinafter referred to as "Minsheng securities") serves as the co lead underwriter of this offering ( China Securities Co.Ltd(601066) securities and Minsheng securities are collectively referred to as "co lead underwriters"). The issuer negotiated with the co lead underwriters to determine the number of shares to be issued this time is 63529412, and the issue price is 72.88 yuan / share. The issuing price of this offering shall not exceed the median and weighted average of the quotations of offline investors 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"), the basic old-age insurance fund (hereinafter referred to as "pension") established through public offering after excluding the highest quotation The enterprise annuity fund (hereinafter referred to as "enterprise annuity fund") established in accordance with the measures for the administration of enterprise annuity fund and the insurance fund (hereinafter referred to as "insurance fund") in accordance with the measures for the administration of the use of insurance funds, whichever is lower, so the relevant subsidiaries of the sponsor need not participate in the strategic placement.
The strategic placement of this offering is composed of the special asset management plan of the issuer's senior managers and core employees and other strategic investors. The number of shares issued by the initial strategic placement of this issuance was 12705882, accounting for 20.00% of the issued number. According to the final issue price, the final number of strategic placement shares in the special asset management plan for senior managers and core employees of the issuer is 3525053 shares, accounting for about 5.55% of the number of shares issued this time; The final number of strategic placement shares of other strategic investors was 5351259 shares, accounting for about 8.42% of the number of shares issued this time. The final number of strategic placement shares was 88763120 shares, accounting for 13.97% of the number of shares issued this time. The difference between the initial strategic placement and the final strategic placement shares was 38295700 shares, which were transferred back to offline issuance.
After the callback of strategic placement and before the launch of online and offline callback mechanism, the initial number of offline issuance was 444886 million shares, accounting for 81.40% of the number of this issuance after deducting the number of strategic placement; The initial number of shares issued online was 10164500, accounting for 18.60% of the number of shares issued this time after deducting the number of strategic placements. According to the callback mechanism announced in the announcement of softcom power information technology (Group) 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 864263835 times, higher than 100 times, the issuer and the joint lead underwriter decided to start the callback mechanism, 20% of the shares issued this time (rounded up to an integral multiple of 500 shares, i.e. 10931000 shares) will be transferred back from offline to online. After the callback mechanism was launched, the final number of offline shares issued was 33557600, accounting for 61.40% of the total issued after deducting the number of strategic placements; The final number of shares issued online was 21095500, accounting for 38.60% of the total issued after deducting the number of strategic placements. After the callback mechanism was launched, the final winning rate of online issuance was Cosco Shipping Technology Co.Ltd(002401) 36105%, and the effective subscription multiple was 416430507 times.
Please pay attention to the payment link of this offering and fulfill the payment obligation in time on March 8, 2022 (T + 2). The details are as follows:
1. Offline investors shall, in accordance with the announcement on the results of initial public offering of shares by softcom power information technology (Group) Co., Ltd. and initial offline placement listed on the gem, timely and fully pay the subscription funds for new shares according to the final issuance price and initial placement quantity before 16:00 on March 8 (t + 2) 2022.
The subscription funds shall be paid in full within the specified time. If the subscription funds are not paid in full within the specified time or as required, all the new shares allocated to the placing object shall be invalid. If the above-mentioned circumstances occur when multiple new shares are issued on the same day, all the placing objects are invalid. If different placing objects share bank accounts, if the subscription funds are insufficient, all the new shares allocated to the placing objects sharing bank accounts will be invalid. Offline investors are allocated multiple new shares on the same day. Please pay for each new share separately.
The shares that offline investors give up to subscribe for are underwritten by China Securities Co.Ltd(601066) securities.
2. Among the stocks issued this time, the stocks issued online have no circulation restrictions and limited sales period arrangements, and can be circulated from the date when the stocks issued this time are listed on the Shenzhen Stock Exchange.
The offline issuance part adopts the proportional sales restriction method, and the offline investors shall promise that the sales restriction period of 10% (rounded up) of the number of shares allocated to them is 6 months from the date of the issuer's initial public offering and listing. That is, among the shares allocated to each placing object, 90% of the shares are sold indefinitely and 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, and the sales restriction period starts from the date when the issued shares are listed and traded on the Shenzhen Stock Exchange.
Once the investors fill in the lower limit of the quotation in the placement period, it is deemed that the investors do not need to accept the quotation in the next placement period.
In terms of strategic placement, the senior managers and core employees of the issuer participate in the special asset management plan established by this strategic placement, and the restricted period of shares allocated to other strategic investors is 12 months. The restricted period of shares allocated to other strategic investors is 12 months. The restricted period starts from the date of listing of the shares issued to the public on the Shenzhen Stock Exchange.
3. When the total number of shares paid and subscribed by offline and online investors is less than 70% of the number of this public offering 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.
4. If the offline investors who provide effective quotation fail to participate in the subscription or the offline investors who obtain the preliminary placement fail to pay the subscription amount in time and in full, it will be deemed as a 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. The number of violations of placing objects in the selected layers of gem, science and innovation board, main board and national share transfer system shall be calculated together. During the period of being included in the restricted list, the relevant placing objects shall not participate in the offline inquiry and subscription of the initial stock projects on the gem, the science and innovation board, the main board and the shares of the national share transfer system to unspecified qualified investors and the projects listed on the selected layer.
5. Once this announcement is published, it shall be deemed to have served the notice of allocated payment to the offline investors participating in the offline subscription.
1、 Final result of strategic placement
(I) participants
The issuing price of this offering does 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. Therefore, relevant subsidiaries of the recommendation institution do not need to participate in follow-up investment.
According to the final issue price, the senior management personnel and core employees of the issuer shall conduct special asset management
The number of shares planned for the final strategic placement is 3525053 shares, accounting for about 5.55% of the number of shares issued this time;
The final number of strategic placement shares of other strategic investors was 5351259 shares, accounting for about the number of shares issued this time
8.42% of the total number of shares, and the final number of strategic placement was 8876312 shares, accounting for 13.97% of the total number of shares issued this time,
The difference between the initial strategic placement and the final strategic placement of 38295700 shares was transferred back to offline issuance.
As of the date of issuance of this announcement, the special asset management plan and
Other strategic investors have signed placement agreements with the issuer. For the verification of this strategic investor, see
China Securities Co.Ltd(601066) Minsheng Securities Co., Ltd. announced on March 3, 2022 (t-1)
Strategic investment of softcom power information technology (Group) Co., Ltd. in IPO
The special verification report of Beijing Deheng Law Firm on softcom power information technology (Group) Co., Ltd
Special verification opinions on strategic placement of initial public offering of shares of Co., Ltd.
(II) results of strategic placement
As of February 28, 2022 (T-4), strategic investors have paid their subscription funds in full and on time. According to hair
The relevant agreements in the strategic placement agreement signed by the pedestrian and strategic investors determine the strategic placement of this issuance
The results of the sale are as follows:
Serial number name of strategic investor number of allocated shares (shares) amount allocated (yuan) sales restriction period (month)
1 China Insurance Investment Fund (limited) 28814482099993024 12
(partner)
2 Nanchang new century Venture Capital Co., Ltd. 2744231999994824 12
Ren company
3 Shandong Caixin Investment Co., Ltd. 4116352999995880 12
4 Wuxi Shanshui Industry Investment Development Co., Ltd. 1372118999995984 12
company
5 Zhongjing Investment Holding Group Co., Ltd. 4116352999995880 12
6 China Securities Co.Ltd(601066) softcom power No. 1 strategy 234670617102793328 12
Placement collective asset management plan
7 China Securities Co.Ltd(601066) softcom power strategy 211783478587792936 12
Placement collective asset management plan
Total 887631264690561856-
Note 1: the restricted sale period shall be calculated from the date when the shares of this public offering are listed on the Shenzhen Stock Exchange;
Note 2: before March 10, 2022 (T + 4), the co lead underwriters will pay the excess payment according to the strategy
The investor's payment is returned to the original path.
(III) reversal of strategic placement shares
The number of shares issued by the initial strategic placement of this issuance was 12705882, accounting for 20.00% of the issued number.
According to the final issue price, the final strategic placement number of this issue is 8876312 shares, accounting for 13.97% of this issue. The difference between the initial strategic placement and the final strategic placement of 38295700 shares will be transferred back to offline issuance.
(IV) arrangement of restricted sales period
The senior managers and core employees of the issuer participated in the special asset management plan established by the strategic placement and promised that the restricted period of the allocated shares was 12 months, and other strategic investors promised that the restricted period of the allocated shares was 12 months. The restricted sale period shall be calculated from the date when the shares of this public offering are listed on the Shenzhen Stock Exchange. After the expiration of the restricted sale period, the reduction of the allocated shares by strategic investors shall be subject to the relevant provisions of the CSRC and the Shenzhen Stock Exchange on share reduction.
2、 Offline issuance and subscription and preliminary placement results
(I) offline issuance and subscription
According to the measures for the administration of securities issuance and underwriting (CSRC order [No. 144]), the special provisions on the issuance and underwriting of initial public offerings on the gem (CSRC announcement [2021] No. 21), the practical implementation rules for the issuance and underwriting of initial public offerings on the gem of Shenzhen Stock Exchange (revised in 2021) (SZS [2021] No. 919) Detailed rules for the implementation of offline issuance of initial public offerings in Shenzhen market (revised in 2020) (SZS [2020] No. 483), code for underwriting of initial public offerings under the registration system (zsxf [2021] No. 213), detailed rules for the management of offline investors in initial public offerings (zsxf [2018] No. 142) The joint lead underwriters have verified and confirmed the qualification of investors participating in offline subscription according to the relevant regulations such as the management rules for offline investors of initial public offering under the registration system (Zhong Zheng Xie Fa [2021] No. 212). according to
