Beijing Science and technology navigation control technology Co., Ltd
Initial public offering and listing on the science and Innovation Board
Announcement on online issuance and subscription and winning rate
Sponsor (lead underwriter): China International Capital Corporation Limited(601995)
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The application of Beijing Institute of technology navigation control technology Co., Ltd. (hereinafter referred to as the "issuer") for the initial public offering of RMB common shares (A shares) (hereinafter referred to as the "issuance") and listing on the science and innovation board has been examined and approved by the members of the science and Innovation Board Stock Listing Committee of Shanghai Stock Exchange (hereinafter referred to as the "Shanghai Stock Exchange"), It has been approved for registration by China Securities Regulatory Commission ([2022] No. 8).
China International Capital Corporation Limited(601995) (hereinafter referred to as " China International Capital Corporation Limited(601995) " or "sponsor (lead underwriter)") serves as the sponsor (lead underwriter) of this offering.
This offering 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 non restricted A-share shares and non restricted depositary receipts market value in Shanghai market (hereinafter referred to as "online issuance").
The issuer and the recommendation institution (lead underwriter) negotiated and determined that the number of shares issued this time is 22 million shares. Among them, the number of shares issued by the initial strategic placement was 3.3 million shares, accounting for 15.00% of the total number of shares issued this time. All the subscription funds promised by the strategic investors have been remitted to the bank account designated by the sponsor (lead underwriter) within the specified time. The final strategic placement quantity determined according to the issuance price is 1347376 shares, accounting for 6.12% of the total issuance quantity. The difference between the initial strategic placement and the final strategic placement was 1952624 shares, which were transferred back to offline issuance.
After the number of shares issued in the strategic placement is reversed and before the offline online callback mechanism is launched, the initial number of shares issued offline is 15042624, accounting for 72.84% of the number issued after deducting the final number of strategic placement; The initial number of shares issued online was 5.61 million, accounting for 27.16% of the number issued after deducting the final strategic placement. The total number of final offline and online issuance is 20652624 shares, and the final number of online and offline issuance will be based on online
On March 8, 2022 (t day), the issuer initially issued 5.61 million shares of "science and technology navigation" through the online pricing of the trading system of Shanghai Stock Exchange.
There are significant changes in the issuance process, subscription and payment of this offering. Please pay attention to it and fulfill the payment obligation on March 10, 2022 (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 Beijing Institute of technology navigation control technology Co., Ltd. and listing on the science and Innovation Board (hereinafter referred to as "announcement on offline preliminary placement results and online winning results"), before 16:00 on March 10 (T + 2) 2022, According to the final issuance price of 65.21 yuan / share and the allocated quantity, pay the subscription fund of new shares and the corresponding brokerage commission for new share placement in time and in full. Offline investors are allocated multiple new shares every day. Please pay for each new share separately. In the case of multiple new shares allocated on the same day, if only one total amount is remitted, the consolidated payment will lead to the failure of accounting, and the resulting consequences shall be borne by the investors themselves.
After winning the subscription of new shares, online investors shall fulfill their payment obligations in accordance with the announcement of offline preliminary placement results and online winning results, so as to ensure that their capital account will eventually have sufficient new share subscription funds on March 10 (T + 2) 2022. The insufficient part shall be deemed to give up the subscription, and the consequences and relevant legal liabilities arising therefrom shall be borne by the investors themselves. The transfer of investors' funds shall comply with the relevant provisions of the securities company where the investors are located.
When the total number of shares paid and subscribed by offline and online investors is not less than 70% of the number of this public offering after deducting the final strategic placement, the shares abandoned by offline and online investors shall be underwritten by the sponsor (lead underwriter).
2. In the offline offering, the allocated securities investment funds and other partial share asset management products established by public offering, the national social security fund, the basic endowment insurance fund, the enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund Among the placement objects such as insurance funds and qualified foreign institutional investor funds that meet the relevant provisions of the measures for the administration of the use of insurance funds, 10% of the final allocated accounts (rounded up) shall promise that the limited sale period of the shares to be placed this time is 6 months from the date of the issuer's initial public offering and listing. The restricted account will be determined by lottery after the offline investors complete the payment on March 11, 2022 (T + 3) (hereinafter referred to as "online placement lottery"). The shares allocated to the placement target account managed by offline investors who have not been selected have no circulation restrictions and restricted sales arrangements, and can be circulated from the date when the shares issued this time are listed and traded on the Shanghai Stock Exchange. The offline placement lottery will allocate numbers according to the placing objects, and each placing object will be assigned a number.
3. When the total number of shares paid and 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 sponsor (lead underwriter) will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements.
4. If an offline investor with a valid quotation fails to participate in the subscription, fails to subscribe in full, or fails to pay the new share subscription fund and the corresponding new share placement brokerage commission in time and in full, it will be deemed as a breach of contract and shall bear the liability for breach of contract. The recommendation institution (lead underwriter) shall report the breach of contract to the China Securities Association for the record. If an online investor has won the lottery for 3 times but failed to pay in full within 12 consecutive months, it shall not participate in the online subscription of new shares, depositary receipts, convertible corporate bonds and exchangeable corporate bonds within 6 months (calculated as 180 natural days, including the next day) from the next day of the settlement participant's latest declaration of abandonment of subscription. The number of times of giving up subscription shall be calculated according to the number of times of investors actually giving up subscription of new shares, depositary receipts, convertible corporate bonds and exchangeable corporate bonds. 1、 Initial subscription and online issuance rate
According to the data provided by Shanghai Stock Exchange, there are 4786469 valid subscription households and 2461594500 valid subscription shares in this online issuance. The initial winning rate of online issuance is about Beijing Join-Cheer Software Co.Ltd(002279) 011%.
The total number of allotments is 49231883, and the number range is 10000000000 - 100049231882. 2、 Implementation of callback mechanism, issuance structure and final winning rate of online issuance
According to the callback mechanism announced in the announcement on the issuance arrangement and preliminary inquiry of Beijing Institute of technology navigation control technology Co., Ltd. for initial public offering and listing on the science and innovation board, the final number of strategic placement shares in this issuance is 1347376 shares, accounting for 6.12% of the number of this issuance, and the difference between the initial number of strategic placement and 1952624 shares is transferred back to offline issuance.
As the initial effective subscription multiple of online investors is about 438787 times, which is higher than 100 times, the issuer and the recommendation institution (lead underwriter) decided to start the callback mechanism and make this public after deducting the final strategic placement
10.00% of the number of shares issued (rounded up to an integral multiple of 500 shares, i.e. 2065500 shares) is transferred back from offline to online.
After the online and offline call back mechanism was launched, the final number of offline issuance was 12977124 shares, accounting for 62.84% of the public issuance after deducting the final strategic placement, accounting for 58.99% of the total issuance; The final number of shares issued online was 7.655 million, accounting for about 37.16% of the number issued after deducting the final strategic placement, accounting for about 34.89% of the total number of shares issued this time.
After the callback mechanism is started, the final winning rate of online issuance is about 003118101%. 3、 Online lottery
The online lottery meeting between the underwriter and the issuer at room 772, Jintang Road, Pudong New Area will be held on the morning of August 2029, The results of online lottery will be published in China Securities Journal, Shanghai Securities News, securities times and Securities Daily on March 10, 2022 (T + 2).
Issuer: sponsor (lead underwriter) of Beijing Institute of technology navigation control technology Co., Ltd.: China International Capital Corporation Limited(601995) March 9, 2022 Announcement on initial public offering of shares and online issuance and subscription and winning rate of Beijing Institute of technology navigation control technology Co., Ltd. listed on the science and Innovation Board (seal page)
Issuer: Beijing Institute of technology navigation control technology Co., Ltd. (no text on this page, which is the seal page of the announcement on the initial public offering of shares by Beijing Institute of technology navigation control technology Co., Ltd. and online issuance, subscription and winning rate of listing on the science and Innovation Board)
Sponsor (lead underwriter): China International Capital Corporation Limited(601995) mm / DD / yyyy
