Fujian Tendering Co., Ltd
Initial public offering and listing on GEM
Announcement of offline preliminary placement results
Sponsor (lead underwriter): China Industrial Securities Co.Ltd(601377)
hot tip
The application of Fujian Tendering Co., Ltd. (hereinafter referred to as the "issuer" or "tender shares") for initial public offering of no more than 68801205 RMB common shares (A shares) (hereinafter referred to as "this offering") has been examined and approved by 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 [2021] No. 3799).
This offering is conducted by 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").
The issuer and China Industrial Securities Co.Ltd(601377) (hereinafter referred to as the "sponsor (lead underwriter)") negotiated and determined that the number of shares issued this time is 68801205 shares, and the issue price is RMB 10.52/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. According to the issuing price, the relevant subsidiaries of the sponsor will not participate in the follow-up investment.
The initial strategic placement of this issuance is 13760241 shares, accounting for 20.00% of the issuance. The strategic placement of this issuance is composed of other strategic investors. According to the final issue price, the number of shares finally placed by other strategic investors is 9505703, accounting for about 13.82% of the number of shares issued this time. The final strategic placement was 9505703 shares, accounting for 13.82% of the number of shares issued this time. The difference between the initial strategic placement and the final strategic placement was 4254538 shares, which were transferred back to offline issuance.
After the strategic placement call back and before the online and offline call back mechanism is launched, the initial offline issuance number is 42783502 shares, accounting for 72.15% of the issuance number after deducting the strategic placement; The initial number of shares issued online was 16512000, accounting for 27.85% of the number issued after deducting the strategic placement. According to the callback mechanism announced in the announcement of Fujian Tendering 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 8631.84614 times, higher than 100 times, the issuer and the recommendation institution (lead underwriter) decided to start the callback mechanism, After deducting the final strategic placement, 20.00% (rounded up to an integral multiple of 500 shares, i.e. 11859500 shares) of the number of shares issued this time will be transferred back from offline to online. After the callback mechanism was launched, the final number of offline issuance was 30924002 shares, accounting for 52.15% of the total number of this issuance after deducting the final strategic placement; The final number of online issuance is 28371500 shares, accounting for 47.85% of the total amount of this issuance after deducting the final strategic placement. After the callback mechanism was launched, the winning rate of this online pricing issuance was 0.0199057675%, and the effective subscription multiple was 5023.66965 times.
Please pay attention to the payment link of this offering and fulfill the payment obligation in time on December 31, 2021 (T + 2). The details are as follows:
1. Offline investors shall, according to the announcement on the results of initial public offering of shares by Fujian Tendering Co., Ltd. and initial offline placement listed on the gem, timely and fully pay the subscription funds for new shares according to the finally determined issuance price and initial placement quantity before 16:00 on December 31, 2021 (T + 2).
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 circumstances occur when multiple new shares are issued on the same day, all the new shares allocated to the placing object shall be invalid. If different placing objects share bank accounts, if the subscription funds are insufficient, 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 the sponsor (lead underwriter).
2. Among the shares issued this time, the shares issued online have no circulation restrictions and restricted sales period arrangements, and can be circulated from the date of listing of the shares issued this time on the Shenzhen Stock Exchange.
For offline issuance, 10% of the final allocated account (rounded up) shall promise to obtain the restricted sales period of the shares for this placement, which shall be 6 months from the date of the issuer's initial public offering and listing, and the aforesaid placing object account shall be determined by lottery. When offline investors participate in the preliminary inquiry and quotation and offline subscription, they do not need to fill in the arrangement of the restricted sale period for the placing objects under their management. Once the quotation is made, it is deemed to accept the arrangement of the online restricted sale period of this issuance.
In terms of strategic placement, the restricted period of shares allocated to other strategic investors is 12 months, which shall be calculated from the date of listing of the shares in this public offering on the Shenzhen Stock Exchange. After the expiration of the sales restriction period, the reduction of the allocated shares by the strategic investors shall be subject to the relevant provisions of the CSRC and the Shenzhen Stock Exchange on share reduction.
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 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 recommendation institution (lead underwriter) shall report the breach of contract to the China Securities Association for the record. The number of violations of placing objects in the stock markets of Shenzhen Stock Exchange, Shanghai Stock Exchange and Beijing stock exchange 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 placement of relevant projects in various sectors of the stock market of Shenzhen Stock Exchange, Shanghai Stock Exchange and Beijing stock exchange.
5. Once this announcement is published, it shall be deemed to have served the notice of allocated payment to the offline investors participating in 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 number of shares finally placed by other strategic investors is 9505703, accounting for about 13.82% of the number of shares issued this time. The final strategic placement was 9505703 shares, accounting for 13.82% of the number of shares issued this time. The difference between the initial strategic placement and the final strategic placement was 4254538 shares, which were transferred back to offline issuance.
As of the date of this announcement, the strategic investor has signed a placement agreement with the issuer. About this strategic investment
For details of the verification of investors, please refer to the special verification report on strategic investors of initial public offering and listing on gem of Fujian Tendering Co., Ltd. China Industrial Securities Co.Ltd(601377) announced on December 28, 2021 (t-1) and Legal opinion of Shanghai jintiancheng law firm on the verification of strategic investors of Fujian Tendering Co., Ltd. in its initial public offering and listing on the gem.
（2） Matching results
As of December 23, 2021 (T-4), strategic investors have paid their subscription funds in full and on time. The sponsor (lead underwriter) will return the excess payment to the strategic investors before January 5, 2022 (T + 4). According to the relevant agreements in the strategic placement agreement signed by the issuer, the sponsor (lead underwriter) and the strategic investor, the strategic placement results of this issuance are determined as follows:
Sequence name of strategic investor number of allocated shares (shares) amount allocated (yuan) sales restriction period (month) No
1 Sanming Investment Development Group Co., Ltd. 285171129999999.7212
2 Fujian Port Group Co., Ltd. 66539926999995.8412
Total 95057039999995.56-
Note: the restricted period shall be calculated from the date when the shares issued to the public are listed on the Shenzhen Stock Exchange.
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 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), rules for the administration of offline investors of initial public offerings under the registration system (zsxf [2021] No. 212), etc, The sponsor (lead underwriter) verified and confirmed the qualification of investors participating in offline subscription. According to the effective subscription results finally received by the offline issuance electronic platform of Shenzhen Stock Exchange, the sponsor (lead underwriter) makes statistics as follows:
The offline subscription of this offering has been completed on December 29, 2021 (t day). After verification, it is confirmed that all the 7035 effective offer placement objects managed by 339 offline investors disclosed in the issuance announcement have made offline subscription in accordance with the requirements of the issuance announcement, and the effective subscription quantity is 12347720 million shares.
（2） Preliminary offline placement results
According to the offline placement principles and calculation methods published in the announcement on initial public offering and listing on gem of Fujian Tendering Co., Ltd. (hereinafter referred to as the "announcement on preliminary inquiry and recommendation"), the issuer and the recommendation institution (main contractor) have made a preliminary placement of offline issued shares, The effective subscription and preliminary placement of various offline investors are shown in the table below:
Proportion of effective subscription number of investor categories in the initial placement number of effective subscription number of various investors in the total offline issuance (10000 shares) proportion (shares) placement proportion
Class a investors 573709046.46% 216560980.03774753% 70.03%
Class B investors 392900.32% 1483080.03774701% 0.48%
Class C investors 657134053.22% 91195960.01387783% 29.49%
Total 12347720100.00% 30924002-100.00%
Note: if the total is inconsistent with the mantissa of the sum of all itemized values, it is caused by rounding.
According to the offline placement principle disclosed in the preliminary inquiry and promotion announcement, 220 zero shares are placed to the placement object "Taikang Endowment Insurance Co., Ltd. - dividend insurance investment account" managed by the investor "Taikang Endowment Insurance Co., Ltd." according to the zero share processing principle.
The above placement arrangements and results comply with the placement principles published in the preliminary inquiry and promotion announcement. Finally, the allocation of each placement object is detailed in the "attached table: preliminary placement details of offline investors".
3、 Contact information of sponsor (lead underwriter)
If offline investors have any questions about the offline preliminary placement results announced in this announcement, please contact the sponsor (lead underwriter) of this offering. Contact details are as follows:
Tel.: 021-20370806021-20370807
Contact: sales transaction business headquarters
Issuer: sponsor (lead underwriter) of Fujian Tendering Co., Ltd.: China Industrial Securities Co.Ltd(601377) December 31, 2021
(there is no text on this page, which is the seal page of the announcement on the results of initial public offering and offline preliminary placement of shares listed on the gem by Fujian Tendering Co., Ltd.)
Issuer: Fujian Tendering Co., Ltd
