Bank of Lanzhou Co., Ltd
Announcement on online subscription and winning rate of initial public offering
Sponsor (lead underwriter): China Securities Co.Ltd(601066)
hot tip
The application of Bank of Lanzhou Co., Ltd. (hereinafter referred to as “Bank of Lanzhou” and “issuer”) for initial public offering of no more than 569569717 RMB common shares (A shares) (hereinafter referred to as “this offering”) has been approved by China Securities Regulatory Commission (hereinafter referred to as “CSRC”) zjxk [2021] No. 3831. This issuance is conducted 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-Shares and market value of non restricted depositary receipts in Shenzhen market (hereinafter referred to as “online issuance”).
The issuer and the sponsor (lead underwriter) China Securities Co.Ltd(601066) (hereinafter referred to as the “sponsor (lead underwriter)”) negotiated and determined that the number of shares issued this time is 569569717. Before the callback mechanism was launched, the initial number of offline shares was 398699217, accounting for 70.00% of the number of shares issued this time; The initial number of shares issued online is 170870500, accounting for 30.00% of the number of shares issued this time. The issue price is RMB 3.57/share.
Bank of Lanzhou issued 170870500 shares of “Bank of Lanzhou” on January 5, 2022 (t day) using the online pricing of the trading system of Shenzhen Stock Exchange.
Investors are kindly requested to focus on the issuance process, online and offline payment, disposal of share abandonment and other links of this issuance, and timely fulfill their payment obligations on January 7, 2022 (T + 2).
1. The offline allocated investors shall, in accordance with the announcement on the preliminary placement results of offline issuance of initial public offering of shares by Bank of Lanzhou Co., Ltd., timely and fully pay the subscription funds for new shares according to the final issuance price and preliminary placement quantity before 16:00 on January 7 (T + 2) 2022. If the same placing object is allocated 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.
After winning the subscription of new shares, online investors shall fulfill the obligation of capital delivery in accordance with the announcement of online winning results of initial public offering of shares by Bank of Lanzhou Co., Ltd., so as to ensure that their capital account will eventually have sufficient new share subscription funds on January 7 (T + 2) 2022, and the transfer of investors’ funds shall comply with the relevant provisions of the securities company where the investors are located.
The shares that offline and online investors give up to subscribe for shall be underwritten by the sponsor (lead underwriter).
2. 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 sponsor (lead underwriter) will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements.
3. If the offline investors with valid quotation fail to participate in the subscription or obtain the preliminary placement, and the offline investors 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. If an online investor fails to pay in full after winning the lottery three times in a row within 12 months, it shall not participate in the 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.
1、 Online subscription
According to the data provided by Shenzhen Stock Exchange, the sponsor (lead underwriter) has made statistics on the effective subscription of this online offering. The number of effective subscription accounts of this online pricing offering is 16600263, the number of effective subscription shares is 378423045500, the total number of allotments is 756846091, the starting number of allotments is 00000000000 1, and the ending number is 000756846091.
2、 Implementation of callback mechanism, issuance structure and success rate of online issuance
According to the callback mechanism announced in the announcement on initial public offering of Bank of Lanzhou Co., Ltd., since the initial effective subscription multiple on the Internet is 2214.67746 times, higher than 150 times, the issuer and the sponsor (lead underwriter) decided to start the callback mechanism to adjust the scale of offline and online issuance, The 341742500 shares issued this time will be transferred back from offline to online. After the call back, the final number of offline shares issued was 56956717, accounting for 10.00% of the total issued this time; The final number of shares issued online was 512613000, accounting for 90.00% of the total issued this time. After the call back, the winning rate of this online pricing issuance is 0.1354603019%, and the effective subscription multiple is 738.22366 times.
3、 Online lottery
The issuer and the sponsor (lead underwriter) will conduct lottery at Room 308, Shenye center, No. 5045, Shennan East Road, Luohu District, Shenzhen on the morning of January 6, 2022 (T + 1), and will publish the lottery results in China Securities News, Shanghai Securities News, securities times and Securities Daily on January 7, 2022 (T + 2).
Issuer: recommendation institution (lead underwriter) of Bank of Lanzhou Co., Ltd.: China Securities Co.Ltd(601066) January 6, 2022 (there is no text on this page, which is the seal page of the announcement on online subscription and winning rate of initial public offering of Bank of Lanzhou Co., Ltd.)
Issuer: Bank of Lanzhou Co., Ltd. (this page has no text and is the seal page of the announcement on online subscription and winning rate of initial public offering of Bank of Lanzhou Co., Ltd.)
Sponsor (lead underwriter): China Securities Co.Ltd(601066) mm / DD / yy
