688282: Announcement on the results of the initial public offering of shares of science and technology navigation and its listing on the science and Innovation Board

Beijing Science and technology navigation control technology Co., Ltd

Initial public offering and listing on the science and Innovation Board

Announcement of issuance results

Sponsor (lead underwriter): China International Capital Corporation Limited(601995)

The application of Beijing Science and technology navigation control technology Co., Ltd. (hereinafter referred to as "science and technology navigation", "issuer" or "company") for 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 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). The issuer's stock is abbreviated as "science and technology navigation", the expansion is abbreviated as "science and technology navigation", and the stock code is "688282".

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").

According to the preliminary inquiry results, the issuer and the recommendation institution (lead underwriter) negotiate and determine the issuance price of 65.21 yuan / share based on the issuer's fundamentals, market conditions, valuation level of Listed Companies in the same industry, demand for raised funds, underwriting risk and other factors.

The issuer and the sponsor (lead underwriter) negotiated and determined that the number of shares initially issued this time is 22 million shares, accounting for 25.00% of the total share capital after issuance, all of which are new shares issued to the public, and the shareholders of the company do not offer shares to the public. After this issuance, the total share capital of the company is 88 million shares.

The initial number of strategic allotments issued in this offering was 3.3 million shares, accounting for 15.00% of the initial number. 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 about 6.12% of the initial issuance quantity. The difference between the initial strategic placement quantity and 1952624 shares is transferred back to offline issuance.

After the number of shares issued by the strategic placement is reversed and before the online and offline callback mechanism is launched, the initial number of shares issued offline is 15042624, accounting for about 72.84% of the initial number of shares issued after deducting the final number of strategic placement; Before the launch of the callback mechanism, the initial number of shares issued online was 5.61 million, accounting for about 27.16% of the initial number after deducting the final strategic placement.

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%.

The online and offline subscription and payment work of this offering has been completed on March 10, 2022 (T + 2). The details are as follows: I. statistics of new share subscription

According to the payment of the strategic investors and the data provided by Shanghai Stock Exchange and Shanghai Branch of China Securities Depository and Clearing Co., Ltd., the sponsor (lead underwriter) has made statistics on the subscription of new shares issued online and offline. The results are as follows:

(I) strategic placement

The strategic placement of this issuance consists of the follow-up investment of the relevant subsidiaries of the sponsor, the senior management and core employees of the issuer participating in the special asset management plan established by this strategic placement. The follow-up investment institution is China CICC wealth Securities Co., Ltd. (hereinafter referred to as "CICC wealth"), and the special asset management plan for the senior management and core employees of the issuer is that the employees of CICC technology navigation No. 1 participate in the collective asset management plan of strategic placement on the science and innovation board (hereinafter referred to as "CICC technology navigation No. 1" or "special asset management plan").

As of March 3, 2022 (T-3), all strategic investors have paid their subscription capital in full and on time

Gold and corresponding brokerage commission for placement of new shares (the recommendation institution (lead underwriter) is awarded for undertaking the recommendation business of the issuer

Allocation of shares (i.e. shares of relevant subsidiaries of the sponsor) or performance of the sponsor (lead underwriter)

The bank has the obligation to underwrite (except for the acquisition of shares). 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).

The final strategic placement results of this offering are as follows:

Sequential investors referred to as the number of allocated shares allocated amount of new shares allocated brokerage Total (yuan) restricted issue number (shares) (yuan) Commission (yuan)

1 CICC fortune 880 Dongguan Winnerway Industry Zone Ltd(000573) 8480000 - 5738480000 24 months

2 jinligongdao 4673763047758896152387943062997690 12 month flight 1

Total 13473768786238896152387948801477690-

(II) online subscription of new shares

1. Number of shares subscribed by online investors: 7577922 shares;

2. Subscription amount paid by online investors: 49415629362 yuan;

3. Number of online investors giving up subscription: 97578 shares;

4. Subscription amount abandoned by online investors: 636306138 yuan.

(III) offline subscription of new shares

1. Number of shares subscribed by offline investors: 12977124 shares;

2. Subscription amount paid by offline investors: 84623825604 yuan;

3. Number of offline investors giving up subscription: 0 shares;

4. Subscription amount waived by offline investors: 0 yuan;

5. Brokerage commission for placement of new shares paid by offline investors: 423119590 yuan.

2、 Offline placement lottery

The issuer and the recommendation institution (lead underwriter) made an announcement on March 11, 2022 (T + 3) in accordance with the issuance announcement

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 lottery of the online lower limit sales account of the sub issuance. The lottery ceremony was conducted in accordance with the principles of openness, fairness and justice,

The process and result of lottery have been notarized by Shanghai Oriental notary office.

The winning results are as follows:

Last digit winning lot number

Last "1" digit 7

Last "4" digit 0594

Securities investment funds and other partial stock asset management plans (including public offering products set up to meet the investment needs of investors who do not meet the appropriateness requirements of investors on the science and Innovation Board), basic endowment insurance funds, social security funds managed by the investment manager of social security funds If the mantissa of the subscription allotment number held by the enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund, 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 are the same as the above number, it is the winning number.

A total of 3431 accounts participated in the offline placement and lottery in this issuance, and the number of accounts corresponding to 10% of the final allocated accounts (rounded up) is 344. According to the lottery results, all the winning accounts have obtained the shares for this placement, and the sales restriction period is 6 months. The number of shares corresponding to this part of the account is 998794 shares, accounting for 7.70% of the total offline issuance and 4.84% of the issuance after deducting the final strategic placement.

Please refer to the "attached table: table of lottery results of offline placement" for the specific conditions of the placing objects who won the lottery in this offline lottery. 3、 Underwriting by the recommendation institution (lead underwriter)

The number of shares abandoned by online and offline investors is underwritten by the sponsor (lead underwriter). The total number of underwritten shares is 97578 shares, and the underwritten amount is 636306138 yuan. The number of underwritten shares accounts for 0.47% of the issued number after deducting the final strategic distribution, and the number of underwritten shares accounts for 0.44% of the total issued shares.

On March 14, 2022 (T + 4), the recommendation institution (lead underwriter) will transfer the underwriting funds to the issuer together with the funds paid and subscribed by strategic investors and online and offline investors after deducting the recommendation underwriting fee and the brokerage commission of new share placement. The issuer will submit the application for share registration to China Securities Depository and Clearing Co., Ltd. Shanghai Branch, Register the underwritten shares in the securities account designated by the sponsor (lead underwriter).

4、 Contact information of sponsor (lead underwriter)

If investors have any questions about the issuance results announced in this announcement, please contact the sponsor (lead underwriter) of this issuance. The specific contact information is as follows:

Sponsor (lead underwriter): China International Capital Corporation Limited(601995)

Contact: capital market department

Tel.: 01065353020

Issuer: sponsor (lead underwriter) of Beijing Institute of technology navigation control technology Co., Ltd.: China International Capital Corporation Limited(601995) March 14, 2022 Seal page)

Issuer: Beijing Institute of technology navigation control technology Co., Ltd. (no text on this page, which is the sealed page of the announcement on the results of initial public offering and listing on the science and Innovation Board of Beijing Institute of technology navigation control technology Co., Ltd.)

Sponsor (lead underwriter): China International Capital Corporation Limited(601995) mm / DD / yyyy attached table: lottery results of offline placement

Serial number name of offline investor name of placing object name of securities account placing quantity (shares) sales restriction period (month)

1 Anxin Fund Management Co., Ltd. Anxin new target flexible allocation of hybrid securities investment fund d8900565993185 6

2 Anxin Fund Management Co., Ltd. Anxin value return three-year holding hybrid securities investment fund d8902092233185 6

3 Anxin Fund Management Co., Ltd. Anxin stable Heying one-year holding hybrid securities investment fund d8902580443185 6

4 Anxin Fund Management Co., Ltd. Anxin value selected stock securities investment fund d890821842

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