Beijing Science and technology navigation control technology Co., Ltd
Initial public offering and listing on the science and Innovation Board
Announcement of offline preliminary placement results and online Winning Results
Sponsor (lead underwriter): China International Capital Corporation Limited(601995)
hot tip
The application of Beijing Science and technology navigation control technology Co., Ltd. (hereinafter referred to as "science and technology navigation", "issuer" or "company") for the initial public offering of RMB common shares (A shares) (hereinafter referred to as "this offering") 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 "Shanghai Stock Exchange"), It has been approved for registration by China Securities Regulatory Commission (zjxk [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.
This issue is a public offering of new shares, and the shareholders of the company will not make a public offering of shares. After this issuance, the total share capital of the company is 88 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 number of strategic placement determined according to the issuance price is 1347376 shares, accounting for 6.12% of the total number of shares issued. The difference between the initial strategic placement and the final strategic placement is 1952624 shares, which are transferred back to offline issuance.
After the number of shares issued by the strategic placement was reversed and before the offline online callback mechanism was launched, the initial number of shares issued offline was 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 issue price is 65.21 yuan / share.
According to 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 (hereinafter referred to as the "announcement on issuance arrangement and preliminary inquiry") The callback mechanism announced in the announcement on the initial public offering of shares by Beijing Institute of technology navigation control technology Co., Ltd. and its listing on the science and Innovation Board (hereinafter referred to as the "issuance announcement"), as the initial effective subscription multiple on the Internet is 438787 times, higher than 100 times, the issuer and the sponsor (lead underwriter) decided to start the callback mechanism, After deducting the final strategic placement, 10.00% (rounded up to an integral multiple of 500 shares, i.e. 2065500 shares) of the number of shares in this public offering will be transferred back from offline to online.
After the online and offline call back mechanism was launched, the final number of offline shares issued was 1297124 million, accounting for about 62.84% of the number of public offerings after deducting the final strategic placement; 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.
After the callback mechanism was launched, the final winning rate of online issuance was 003118101%.
Investors are kindly requested to focus on the payment process of this offering and fulfill their payment obligations on March 10, 2022 (T + 2):
1. According to this announcement, offline allocated investors shall timely and fully pay the subscription funds and the corresponding new share placement brokerage commission according to the finally determined issuance price of 65.21 yuan / share and the allocated quantity before 16:00 on March 10 (T + 2) 2022. The subscription funds and the corresponding new share placement brokerage commission shall arrive before 16:00 on March 10 (T + 2) 2022. 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.
The brokerage commission rate for the placement of new shares by offline investors participating in this offering is 0.5% (except for the shares allocated by the recommendation institution (lead underwriter) for undertaking the recommendation business of the issuer (i.e. the shares of the relevant subsidiaries of the recommendation institution) or the shares obtained by the recommendation institution (lead underwriter) for performing the underwriting obligation). The amount of brokerage commission for placing new shares of the placing object = the final amount allocated to the placing object × 0.5% (rounded to the nearest cent). After online investors win the bid for new shares, they shall fulfill the obligation of capital delivery in accordance with this announcement to ensure that their capital account will have sufficient capital for new shares on March 10 (T + 2) 2022. The insufficient part shall be deemed to give up the subscription, and the resulting consequences and relevant legal liabilities 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 this offline offering, securities investment funds and other partial share asset management products (hereinafter referred to as "public offering products"), National Social Security Fund (hereinafter referred to as "social security fund"), basic endowment insurance fund (hereinafter referred to as "pension") established by public offering Among the enterprise annuity fund (hereinafter referred to as "enterprise annuity fund") established in accordance with the measures for the administration of enterprise annuity fund, insurance funds (hereinafter referred to as "insurance funds") in accordance with the measures for the administration of the use of insurance funds and other relevant provisions, and the funds of qualified foreign institutional investors, 10% of the final allocated accounts (rounded up), It should be promised that the restricted period of the shares to be placed this time is 6 months from the date of the issuer's initial public offering and listing, and the aforesaid placing object account will be determined by lottery on March 11, 2022 (T + 3) (hereinafter referred to as "online placing 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 online placement lottery adopts the method of allocating numbers according to the allocated objects, and the numbers are allocated according to the number of households finally allocated to offline investors. Each allocated object is allocated a number. According to the offline investor commitment letter submitted by all investors of this offline offering through the offline investor verification system of China International Capital Corporation Limited(601995) registration IPO, once the offline investor makes a quotation, it is deemed to accept the online lower limit sale period arrangement of this offering.
Participate in the initial inquiry of this offering and finally obtain the funds of public offering products, pensions, social security funds, enterprise annuity funds, insurance funds and qualified foreign institutional investors placed offline, and promise that if the account of the placing object managed by it is selected in the lottery stage of online placing, The holding period of the shares allocated to the placing object is 6 months from the date of the issuer's initial public offering and listing.
3. When the total number of shares paid and subscribed by offline and online investors is less than 70% of the number of shares issued 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. Offline and online investors shall pay the subscription funds in full and on time after obtaining the distribution. If the offline investors with valid quotation fail to participate in the subscription, fail to subscribe in full or obtain the preliminary placement, fail to pay the new share subscription funds and the corresponding new share placement brokerage commission in time and in full, and commit other acts in violation of the detailed rules for the administration of offline investors in initial public offering of shares on the science and innovation board, they will be deemed to have breached the contract and shall be liable 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.
5. Once this announcement is published, it shall be deemed to have served the notice of allotment payment to the online investors who have participated in the online subscription and won the lot and all allotment objects who have obtained the allotment of offline issuance. 1、 Final result of strategic placement
(I) participants
In this offering, the selection of strategic placement investors is comprehensively determined after considering the guidelines for the application of the issuance and underwriting rules of the science and Innovation Board of Shanghai Stock Exchange No. 1 - initial public offering of shares (SZF [2021] No. 77) (hereinafter referred to as the "underwriting guidelines"), investor qualifications and market conditions, including:
(1) China CICC wealth Securities Co., Ltd. (the relevant subsidiary of the sponsor participating in the follow-up investment, hereinafter referred to as "CICC wealth");
(2) The staff of Zhongjin Ligong navigation No. 1 participated in the collective asset management plan of the strategic placement of the science and Innovation Board (the senior management and core staff of the issuer participated in the special asset management plan established by the strategic placement, hereinafter referred to as "special asset management plan" or "Zhongjin Ligong navigation No. 1").
The above strategic investors have signed the strategic placement agreement. See the special verification report of China International Capital Corporation Limited(601995) on the strategic investors of Beijing Institute of technology navigation control technology Co., Ltd. who issued shares for the first time and listed on the science and Innovation Board announced on March 7, 2022 (t-1) for the verification of the strategic investors Legal opinion of Beijing Haiwen law firm on the special verification of strategic investors of Beijing Institute of technology navigation control technology Co., Ltd. for initial public offering and listing on the science and Innovation Board of Shanghai Stock Exchange.
(II) matching results
On March 4, 2022 (T-2), based on the preliminary inquiry results, the issuer and the recommendation institution (lead underwriter) negotiated and determined that the price of this issuance was 65.21 yuan / share, and the total scale of this issuance was 143462 million yuan. According to the underwriting guidelines, the scale of this offering is more than 1 billion yuan but less than 2 billion yuan, and the proportion of relevant subsidiaries of the recommendation institution participating in the placement is 4%, but not more than 60 million yuan. CICC fortune has paid 60 million yuan of subscription capital for strategic placement in full, and 880000 shares have been allocated this time.
As of March 3, 2022 (T-3), all strategic investors have paid the subscription funds and the corresponding brokerage commission for the placement of new shares in full and on time. The sponsor (lead underwriter) will be on March 14, 2022 (T + 4)
The initial payment amount of the strategic investor shall exceed the corresponding amount of the final number of allocated shares (including the placement of new shares) before
Return of excess funds of brokerage commission).
According to the relevant agreements in the agreement signed by the strategic investors, the issuer and the recommendation institution (lead underwriter) shall cooperate
The issuer determined that the strategic placement results of this issuance are as follows:
Serial number investor's abbreviation: number of allocated shares allocated amount of new shares allocated Total (yuan) restricted period (shares) (yuan) Commission (yuan)
1 CICC fortune 880 Dongguan Winnerway Industry Zone Ltd(000573) 8480000 - 5738480000 24 months
2 GOLDTECH navigation 14673763047758896152387943062997690 12 months
Total 13473768786238896152387948801477690-
2、 Online lottery results
According to the issuance announcement, the issuer and the recommendation institution (lead underwriter) on March 9, 2022 (T + 1)
The meeting was held in Haitang hall, meeting room on the fourth floor of Zijinshan Hotel, No. 778 Dongfang Road, Pudong New Area, Shanghai in the morning
The online subscription lottery ceremony of this offering. The lottery ceremony was conducted in accordance with the principles of openness, fairness and justice
The process and results have been notarized by Shanghai Oriental notary office. The results of online lottery are as follows:
Last digit winning lot number
Last "4" digits 118561854975
Last "5" digits 89303
Last "6" digits 398236
The last "7" digits are 99316858681685743168561816854931685368168524316851181685
Last "8" digit 08380074
The mantissa of the subscription allotment number held by investors participating in the online issuance and subscription of science and technology navigation shares is the same as the above number
If the code is the same, it is the winning number. There are 15 winning numbers in total,
