Dezhou United Petroleum Technology Co., Ltd
Initial public offering and listing on GEM
Announcement on online subscription and winning rate
Sponsor (lead underwriter): Huarong Securities Co., Ltd
hot tip
The application of Dezhou United Petroleum Technology Co., Ltd. (hereinafter referred to as "Deshi shares", "issuer" or "company") for initial public offering of 37592700 ordinary shares (A shares) (hereinafter referred to as "this offering") and listing on the gem 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 to register by China Securities Regulatory Commission (hereinafter referred to as "CSRC") (zjxk [2021] No. 3595).
The issuer and the sponsor (lead underwriter) Huarong Securities Co., Ltd. (hereinafter referred to as "Huarong securities", "sponsor (lead underwriter)" or "lead underwriter") negotiated and determined that the number of shares issued this time is 37592700 shares, and the issue price is 15.64 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 The enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund and the insurance fund quotation median and weighted average in accordance with the measures for the administration of the use of insurance funds, whichever is lower.
According to the issue price, the relevant subsidiaries of the sponsor will not participate in the strategic placement. Finally, this offering will not be placed to strategic investors. The difference between the initial strategic placement quantity and the final strategic placement quantity is 1879635 shares, which are 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-Shares and the market value of non restricted depositary receipts in Shenzhen market (hereinafter referred to as "online issuance").
After the strategic placement call back and before the online and offline call back mechanism is launched, the number of offline shares issued this time is 26879700, accounting for 71.50% of the number of shares issued this time, and the number of online shares is 10713000, accounting for 28.50% of the number of shares issued this time. The total number of final offline and online issuance is 37592700 shares. The final number of online and offline issuance will be determined according to the online and offline callback.
The issuer initially issued 10713000 A-Shares of "Deshi shares" by using the online pricing of the trading system of Shenzhen Stock Exchange on January 5 (T) 2022.
Investors are kindly requested to focus on the issuance process, payment and other links of this issuance, and timely fulfill their payment obligations on January 7, 2022 (T + 2):
1. The offline allocated investors shall timely and fully pay the subscription funds for new shares before 16:00 on January 7, 2022 (T + 2) according to the final issuance price and preliminary placement quantity according to the announcement of offline preliminary placement results of initial public offering of shares by Dezhou United Petroleum Technology Co., Ltd. and listing on GEM.
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 placing objects are 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.
After winning the lottery of new shares, online investors shall fulfill the obligation of capital settlement according to the announcement on the results of initial public offering and online lottery of Dezhou United Petroleum Technology Co., Ltd. and listing on the gem, so as to ensure that their capital account will eventually have sufficient new share subscription funds on January 7 (T + 2) 2022, The investor's fund transfer shall comply with the relevant provisions of the securities company where the investor is located.
The shares that offline and online investors give up to subscribe for shall be 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.
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 sold indefinitely and can be circulated from the date when the issued shares are listed and traded on the Shenzhen Stock Exchange; The sales restriction period of 10% of the shares is 6 months, which shall be calculated from the date of listing and trading of the issued shares on the Shenzhen Stock Exchange.
When offline investors participate in the preliminary inquiry and quotation and offline subscription, they do not need to fill in the lock-in period arrangement for the placement objects 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 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 who provides a valid quotation fails to participate in the subscription or fails to subscribe in full, or the offline investor who obtains the preliminary placement fails to pay the subscription in full and in time, 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 selected layers of gem, science and innovation board, main board and national share transfer system 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 subscription of the initial stock projects on the gem, the science and innovation board, the main board and the shares of the national share transfer system to unspecified qualified investors and the projects listed on the selected layer.
If the online investor fails to pay in full after winning the lottery for 3 times in a row within 12 months, it 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. The number of times of abandonment of subscription shall be calculated according to the number of times that the investor actually abandons the subscription of new shares, depositary receipts, convertible corporate bonds and exchangeable corporate bonds.
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 households of this online pricing offering is 13673225 and the number of effective subscription shares is 106159629500. The total number of allotment numbers is 212319259, with the starting number of 00000000000 1 and the ending number of 000212319259.
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 and listing of Dezhou United Petroleum Technology Co., Ltd. on the gem, since the initial effective subscription multiple on the Internet is 9909.42122 times, more than 100 times, the issuer and the lead underwriter decided to start the callback mechanism to adjust the scale of offline and online issuance, 20.00% (rounded up to an integral multiple of 500 shares, i.e. 7519000 shares) of the number of shares issued to the public will be transferred back from offline to online. After the callback mechanism was launched, the final number of offline issuance was 19360700 shares, accounting for 51.50% of the total issuance, and the final number of online issuance was 18232000 shares, accounting for 48.50% of the total issuance. After the call back, the winning rate of this online issuance is 0.0171741368%, and the online effective subscription multiple is 5822.70895 times.
3、 Online lottery
The issuer and the lead underwriter agreed to 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 online lottery results in China Securities News, securities times, Shanghai Securities News and Securities Daily on January 7, 2022 (T + 2).
Issuer: sponsor (lead underwriter) of Dezhou United Petroleum Technology Co., Ltd.: Huarong Securities Co., Ltd. January 6, 2022 (this page has no text, which is the signature page of announcement on online subscription and winning rate of initial public offering and listing on gem of Dezhou United Petroleum Technology Co., Ltd.)
Issuer: Dezhou United Petroleum Technology Co., Ltd. (this page has no text, which is the signature page of the announcement on the online subscription and winning rate of Dezhou United Petroleum Technology Co., Ltd. in its initial public offering and listing on the GEM)
Sponsor (lead underwriter): Huarong Securities Co., Ltd. (mm / DD / yyyy)
