Shouyao holding (Beijing) Co., Ltd
Initial public offering and listing on the science and Innovation Board
Issuance announcement
Sponsor (lead underwriter): China Securities Co.Ltd(601066)
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Important tips
Shouyao Holdings (Beijing) Co., Ltd. (hereinafter referred to as “Shouyao Holdings”, “issuer” or “company”) in accordance with the implementation opinions on establishing a science and innovation board and pilot registration system in Shanghai Stock Exchange (CSRC announcement [2019] No. 2) issued by China Securities Regulatory Commission (hereinafter referred to as “CSRC” and “CSRC”) Measures for the administration of securities issuance and underwriting (CSRC order [No. 144]) (hereinafter referred to as the “administrative measures”), measures for the administration of the registration of initial public offering of shares on the science and Innovation Board (for Trial Implementation) (CSRC order [No. 174]), The measures for the implementation of the issuance and underwriting of shares on the science and Innovation Board of Shanghai Stock Exchange (SZF [2021] No. 76) (hereinafter referred to as the “implementation measures”) promulgated by the Shanghai Stock Exchange (hereinafter referred to as the “Shanghai Stock Exchange”) 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”), detailed rules for the implementation of online issuance of initial public offering shares in Shanghai market (SZF [2018] No. 40) (hereinafter referred to as the “detailed rules for the implementation of online issuance”) Detailed rules for the implementation of offline issuance of initial public offerings in Shanghai market (SZF [2018] No. 41) (hereinafter referred to as “detailed rules for the implementation of offline issuance”), the code for underwriting initial public offerings under the registration system issued by the China Securities Association (zsxf [2021] No. 213) Detailed rules for the administration of offline investors in initial public offerings (zxsf [2018] No. 142), rules for the administration of offline investors in initial public offerings under the registration system and guidelines for the classification, evaluation and management of offline investors in initial public offerings under the registration system (zxsf [2021] No. 212), And the relevant provisions of the Shanghai Stock Exchange on stock issuance and listing rules and the latest operating guidelines, such as initial public offering of shares and listing on the science and innovation board.
China Securities Co.Ltd(601066) (hereinafter referred to as ” China Securities Co.Ltd(601066) securities” 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 sponsor (lead underwriter) China Securities Co.Ltd(601066) securities is responsible for organizing and implementing the strategic placement, preliminary inquiry and online and offline issuance of this offering. The strategic placement of this offering is carried out at the sponsor (lead underwriter). The preliminary inquiry and offline subscription are carried out through the IPO offline subscription electronic platform of Shanghai Stock Exchange (hereinafter referred to as “offline subscription platform”), and the online issuance is carried out through the trading system of Shanghai Stock Exchange. Please read this announcement carefully. Please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) for details of preliminary inquiry and electronic offline issuance The detailed rules for the implementation of offline issuance and other relevant provisions.
Investors can visit the following website（ http://www.sse.com.cn./disclosure/listedinfo/listing/ 、 http://www.sse.com.cn./ipo/home/ ）Check the full text of the announcement.
Basic information of the issuer
The full name of the company is Shouyao holding (Beijing), and the securities are referred to as Shouyao holding
Co., Ltd
Securities code / offline subscription 688197 online subscription code 787197
code
Offline subscription is referred to as Shouyao holdings, and online subscription is referred to as Shouyao subscription
Basic information of this offering
Offline preliminary inquiry direct
The pricing method determines the issue price, and the number of offline issues (RMB 3718000)
No more cumulative bidding (shares)
inquiry
Total share capital after issuance (10000 shares in total)
(shares) 148719343 lines after the total share capital ratio of 25.00
（%）
High price rejection ratio (%) 1.0175, whichever is lower (yuan / share) 349800
The issue price (yuan) / whether the issue price exceeds the issue price
Shares) 39.90, the lower of the four, the lower of the four, the range of excess
And the exceeding range (%) is 14.07%
Issue price earnings ratio (earnings per share)
According to the issued Market Research rate in 2020 (Research per share)
The non recurring expenses deducted from the audit shall be calculated according to 2020
Inapplicability before and after profit and loss audited R & D expenses 69.78
Attributable to shareholders of the parent company divided by
Net profit divided by total share capital issued this time)
(calculated by total share capital after the bank)
Industry name and industry pharmaceutical manufacturing (C27) industry T-3 static 35.38
Industry code industry P / E ratio
Determined according to the issue price
Committed subscription strategy allocation 148.72 committed subscription strategy allocation 4.00
Total sales (10000 shares) accounting for the proportion of total sales in this offering
Quantity ratio (%)
Strategic placement callback website 286288 strategic placement callback website 706.40
Lower issue quantity (10000 shares) upper issue quantity (10000 shares)
Number of proposed offline subscriptions
Maximum amount (ten thousand shares) (140000 yuan) (100.00 yuan for each proposed offline subscription)
The purchase quantity shall be the lower limit of 100000 shares (10000 shares)
Integer multiple) number of proposed online subscriptions
Maximum amount (10000 shares) (application for 0.70 new shares) placement brokerage commission 0.50
The number of shares purchased shall be 500 shares at the whole rate (%)
(several times) according to the issuing price
The calculated estimated raised capital is 14834820, and the balance of underwriting method is underwriting
Total amount (10000 yuan)
Important date of this issuance
Offline Subscription Date and starting and ending March 14, 2022 online subscription date and starting and ending March 14, 2022 time: 9:30-15:00, time: 9:30-11:30, 13:00-15:00
Offline payment date and deadline: March 16, 2022 online payment date and deadline: March 16, 2022 end at 16:00
Remarks: 1 “The lower of the four numbers” refers to the lower of the median and weighted average of the remaining quotations of offline investors after excluding the highest quotation, as well as the median and weighted average of the remaining quotations of public offering products, social security funds and pensions.
The issuer and the recommendation institution (lead underwriter) solemnly remind the majority of investors to pay attention to investment risks and invest rationally, carefully read this announcement and publish it in Shanghai Securities News and China Securities News on March 11, 2022 (t-1) Special announcement on investment risk of initial public offering and listing on the science and Innovation Board of Shouyao Holdings (Beijing) Co., Ltd. (hereinafter referred to as “special announcement on investment risk”) in the securities times and Securities Daily.
This announcement is only a brief description of the issue of shares and does not constitute investment suggestions. Investors who want to know the details of this offering, please read it carefully and publish it on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on March 4, 2022 (T-6) The letter of intent for initial public offering and listing on the science and Innovation Board of Shouyao Holdings (Beijing) Co., Ltd. (hereinafter referred to as the “letter of intent”). The issuer and the recommendation institution (lead underwriter) hereby remind investors to pay special attention to the chapters of “tips on major matters” and “risk factors” in the prospectus, fully understand the issuer’s risk factors, judge its operation status and investment value by themselves, and make investment decisions prudently. The issuer’s operating conditions may change due to the influence of politics, economy, industry and operation and management level, and the possible investment risks arising therefrom shall be borne by the investors themselves.
The listing of the shares will be announced separately. 1、 Preliminary inquiry results and pricing
The application of Shouyao Holdings (Beijing) Co., Ltd. for the initial public offering of RMB common shares (A shares) and listing on the science and Innovation Board (hereinafter referred to as “this offering”) has been examined and approved by the stock listing committee of the science and Innovation Board of Shanghai Stock Exchange, and has been registered by CSRC Huitong Yi (CSRC license [2022] No. 258). The issuer’s stock is referred to as “Shouyao holding” for short, and the expansion is referred to as “Shouyao holding”, with the stock code of “688197”. This code is also used for the preliminary inquiry and offline subscription of this issuance, and the online subscription code of this issuance is “787197”. The combination of online distribution and online distribution is adopted.
(I) preliminary inquiry
1. Overall declaration
The initial inquiry period of this offering is 9:30-15:00 on March 9, 2022 (T-3). As of 15:00 on March 9, 2022 (T-3), the sponsor (lead underwriter) has received the preliminary inquiry and quotation information of 5643 placing objects managed by 270 offline investors through the offline subscription platform of Shanghai Stock Exchange. The quotation range is 5.00 yuan / share – 85.00 yuan / share, and the total number of shares to be purchased is 569721 million. For the specific quotation of the placing object, please refer to the “attached table: statistical table of investor quotation information” of this announcement.
2. Investor verification
According to the conditions for offline investors participating in the preliminary inquiry published in the announcement on the issuance arrangement and preliminary inquiry of Shouyao Holdings (Beijing) 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”) published on March 4, 2022, after verification by the sponsor (lead underwriter), Two placing objects managed by two offline investors failed to provide audit materials or materials as required, but failed to pass the qualification examination of the sponsor (lead underwriter); The two placing objects managed by the two offline investors belong to the scope of prohibited placing; One placing object managed by one offline investor intends to apply for more than the asset scale or capital scale in the filing materials submitted by it; 46 placing objects managed by 5 offline investors failed to submit the pricing basis and recommended price or price range before the inquiry. The quotations of 51 placing objects managed by the above 10 offline investors have been determined to be invalid and eliminated, and the total number of shares to be purchased is 491.3 million. For details, please refer to the part marked as “invalid quotation” in the attached table “statistical table of investor quotation information”.
After excluding the above invalid quotations, the 5592 placing objects managed by the remaining 263 offline investors all meet the conditions of offline investors specified in the announcement on issuance arrangement and preliminary inquiry. The quotation range is 7.50 yuan / share – 85.00 yuan / share, and the total number of shares to be purchased is 564808 million.
(II) excluding the highest quotation
1. Elimination
After the issuer and the recommendation institution (lead underwriter) rank the purchase price from high to low according to the inquiry results after excluding the above invalid quotation, and calculate the cumulative total amount of proposed purchase corresponding to each price, the same purchase price shall be based on the proposed purchase quantity of the placing object
