Harbin Welding Institute Huatong (Changzhou) welding industry Co., Ltd
Initial public offering and listing on GEM
Announcement of offline preliminary placement results
Sponsor (lead underwriter): China Securities Co.Ltd(601066)
hot tip
The application of Harbin Welding stock exchange Huatong (Changzhou) welding industry Co., Ltd. (hereinafter referred to as "Harbin Welding Huatong" or "the issuer") for initial public offering of 45453400 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. 128).
The issuer and the sponsor (lead underwriter) China Securities Co.Ltd(601066) (hereinafter referred to as " China Securities Co.Ltd(601066) securities" or "sponsor (lead underwriter)") negotiated and determined that the number of shares to be issued this time was 454534 million, and the issue price was 15.37 yuan / share. The issuing price of this offering shall not exceed the median and weighted average of offline investors' quotation after excluding the highest quotation, as well as the securities investment fund, national social security fund, basic old-age insurance fund established through public offering after excluding the highest quotation According to the regulations of the measures for the administration of enterprise annuity fund, there is no need to use the weighted average number of subsidiary funds such as the recommended enterprise annuity fund, which is in accordance with the provisions of the measures for the administration of enterprise annuity fund.
This offering does not arrange strategic placement to other external investors. According to the issuing price, the relevant subsidiaries of the sponsor will not participate in the strategic placement. Finally, this issuance will not be targeted to strategic investors. The difference between the initial strategic placement and the final strategic placement was 2272670 shares, which were transferred back to offline issuance.
This issuance is finally carried out by a combination of offline inquiry and placement to qualified investors (hereinafter referred to as "offline issuance") and online pricing issuance to social public investors holding non restricted A-share shares or non restricted depositary receipts in Shenzhen market (hereinafter referred to as "online issuance").
After the strategic placement callback and before the launch of the online and offline callback mechanism, the initial number of offline shares was 324994 million, accounting for 71.50% of the number of shares issued this time; The initial number of shares issued online was 12.954 million, accounting for 28.50% of the number issued this time. According to the callback mechanism announced in the announcement of Harbin Welding Institute Huatong (Changzhou) welding industry Co., Ltd. on initial public offering and listing on the gem (hereinafter referred to as the "issuance announcement"), the issuer and the sponsor (lead underwriter) decided to start the callback mechanism because the initial effective online subscription multiple was 862898915 times, higher than 100 times, 20% (rounded up, i.e. 9091000 shares) of the shares issued this time will be transferred back from offline to online. After the call back, the final number of offline shares issued was 23408400, accounting for 51.50% of the total issued this time; The final number of shares issued online was 22.045 million, accounting for 48.50% of the total issued this time. After the call back, the winning rate of this online pricing issuance is 00197217881%, and the subscription multiple is 507053416 times. Please pay attention to the payment link of this offering and fulfill the payment obligation in time on March 14, 2022 (T + 2). The details are as follows:
1. According to the announcement on the results of initial public offering of shares by Harbin Welding Institute Huatong (Changzhou) welding industry Co., Ltd. and listing on the gem, offline investors shall timely and fully pay the subscription funds for new shares according to the final issuance price and preliminary placement quantity before 16:00 on March 14 (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. If the same placing object receives multiple new shares on the same day, it is necessary to pay for each new share in full and fill in the remarks in accordance with the specifications. If the placing object has insufficient funds for a single new share, all the new shares allocated to the placing object on that day will be invalid, and the resulting consequences shall be borne by the investors themselves.
The shares that offline and online investors give up to subscribe for are underwritten by the sponsor (lead underwriter).
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 unlocked and can be circulated from the date when the shares issued this time are listed and traded on the Shenzhen Stock Exchange; The lock-in period of 10% of the shares is 6 months, and the lock-in period starts from the date when the issued shares are listed and traded on the Shenzhen Stock Exchange.
When offline investors participate in the preliminary inquiry and quotation and offline purchase, they do not need to fill in the lock-in period arrangement for the placement object under their management. Once the quotation is made, it is deemed to accept the offline lock-in period arrangement disclosed in this announcement.
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, 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 offline subscription or fails to subscribe in full or obtains the preliminary placement, and the offline investor fails to pay the subscription funds in full and on time according to the finally determined issuance price and allocated quantity, 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 shares illegally sold on the Beijing stock exchange (hereinafter referred to as "Beijing stock exchange") and the Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange"). During the period of being included in the restricted list, the relevant placing objects shall not participate in the offline inquiry and subscription of relevant projects in all sectors of the stock market of Beijing stock exchange, Shanghai Stock Exchange and Shenzhen Stock Exchange.
If online investors fail to pay in full after winning the lottery for three times in a row within 12 months, they 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.
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
The offering price is not higher than 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 sponsor need not participate in follow-up investment.
This offering does not arrange strategic placement to other external investors. According to the issuing price, the relevant subsidiaries of the sponsor will not participate in the strategic placement. Finally, this issuance will not be targeted to strategic investors.
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 sponsor (lead underwriter) has verified and confirmed the qualification of investors participating in offline subscription according to relevant provisions such as the rules for the administration of offline investors of initial public offering under the registration system (Zhong Zheng Xie Fa [2021] No. 212). According to the effective subscription results finally received by the offline issuance electronic platform of Shenzhen Stock Exchange, the sponsor (lead underwriter) makes the following statistics:
The offline subscription of this offering has been completed on March 10, 2022 (t day). After verification, it is confirmed that among the 6471 effective quotation placement objects managed by 325 offline investors disclosed in the issuance announcement, all offline subscription was made in accordance with the requirements of the issuance announcement, and the effective number of subscription was 8542740 million shares.
(II) preliminary offline placement results
According to the offline placement principles and calculation methods published in the announcement on initial public offering and listing on the gem of Harbin Welding Institute Huatong (Changzhou) welding industry Co., Ltd. (hereinafter referred to as the "announcement on preliminary inquiry and recommendation"), the issuer and the recommendation institution (lead underwriter) made a preliminary placement of offline shares, The effective subscription and preliminary placement of various offline investors are shown in the table below:
According to the offline placement principle stipulated in the preliminary inquiry and promotion announcement, the allocation information of various investors is as follows:
The proportion of the number of shares effectively subscribed by the type of placement object in the total number of shares effectively applied for and initially placed in the number of shares finally purchased by various investors (10000 shares) (10000 shares) under the Internet
Class a investors 394131000 46.14% 16897996 72.19% 004287406%
Class B investors 5148000 0.60% 140474 0.60% Teyi Pharmaceutical Group Co.Ltd(002728) 710%
Class C investors 454995000 53.26% 636993027.21% 001400000%
Total 854274000 100.00% 23408400 100%-
Note: if the total number is inconsistent with the mantissa of the sum of the sub item values, it is caused by rounding.
Among them, the remaining 422 shares were placed to the "China Europe new trend stock securities investment fund (LOF)" managed by "China Europe Fund Management Co., Ltd. in accordance with the offline placement principle in the preliminary inquiry and promotion announcement. The above placement arrangements and results comply with the placement principles published in the preliminary inquiry and promotion announcement. See the attached table for the allocation of each placement object.
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. The specific contact information is as follows:
Sponsor (lead underwriter): China Securities Co.Ltd(601066)
Tel: 01086451545, 01086451546
Contact: equity capital market department
Issuer: recommendation institution (lead underwriter) of Harbin Welding Institute Huatong (Changzhou) welding industry Co., Ltd.: China Securities Co.Ltd(601066) March 14, 2022 (there is no text on this page, which is "Harbin Welding Institute Huatong (Changzhou)) (seal page of announcement on initial public offering of shares and offline issuance of initial placement results of welding industry Co., Ltd. listed on GEM)
Issuer: Harbin Welding Institute Huatong (Changzhou) welding industry Co., Ltd. (this page has no text, which is the cover page of China Securities Co.Ltd(601066) about the announcement of initial public offering and preliminary placement results of Harbin Welding Institute Huatong (Changzhou) welding industry Co., Ltd. under the GEM Listing network)
Sponsor (lead underwriter): China Securities Co.Ltd(601066) mm / DD / yyyy attached table: distribution of placing objects
Name of sequential investor name of placing object number of subscribed shares number of allotted shares (10000 shares) (shares)
1 Shanghai Jinyuan asset management partnership Jinyuan asset Yinfu family wealth management fund 15 Tecon Biology Co.Ltd(002100) C (limited partnership)
2 Xiamen International Trust Co., Ltd. self operated account of Xiamen International Trust Co., Ltd. 15 Tecon Biology Co.Ltd(002100) C
3 Shanghai Jinyuan asset management partnership Jinyuan asset Yingjia family wealth management private equity certificate 15 Tecon Biology Co.Ltd(002100) C (limited partnership) bond investment fund
4 Founder Securities Co.Ltd(601901) Founder Securities Co.Ltd(601901) self operated account 15 Tecon Biology Co.Ltd(002100)
