Jiangsu Yike Food Group Co., Ltd
Initial public offering and listing on GEM
Announcement on online subscription and winning rate
Sponsor (lead underwriter): Citic Securities Company Limited(600030)
The application of Jiangsu Yike Food Group Co., Ltd. (hereinafter referred to as “Yike food”, “issuer” or “company”) for initial public offering (hereinafter referred to as “this offering”) and listing on the gem was examined and approved by the GEM Listing Committee of Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock Exchange”) on March 25, 2021, It has been approved to register by China Securities Regulatory Commission (hereinafter referred to as “CSRC”) (zjxk [2021] No. 3800).
This issuance is conducted by a combination of directional placement to strategic investors, offline inquiry 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”).
The issuer and the sponsor (lead underwriter) Citic Securities Company Limited(600030) (hereinafter referred to as ” Citic Securities Company Limited(600030) ” or “sponsor (lead underwriter)”) negotiated and determined that the number of shares issued this time is 44897960 shares. The issue price is 11.40 yuan / share, which does not exceed the median and weighted average of the remaining quotations of offline investors after excluding the highest quotation part, as well as the securities investment fund, national social security fund, basic pension insurance fund, etc. established through public offering after excluding the highest quotation part The lower of the median quotation and weighted average of the enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund and the insurance fund in accordance with the measures for the administration of the use of insurance funds. According to the issue price, the relevant subsidiaries of the sponsor will not participate in the strategic placement. The initial number of shares of relevant subsidiaries of the sponsor participating in the follow-up investment was 2244898, all of which were transferred back to offline issuance.
According to the final issuance price, the final strategic placement of the asset management plan of the issuer’s senior management and core employees is 1754385 shares, accounting for about 3.91% of the issuance, and the difference between the initial strategic placement and 27354110 shares is transferred back to the offline issuance.
The final strategic placement is 1754385 shares, and the difference between the initial strategic placement and the final strategic placement is 4980309 shares, which will be transferred back to offline issuance. After the strategic placement callback and before the online and offline callback mechanism is launched, the initial number of offline issuance is 35511075 shares, accounting for about 82.31% of the total issued after deducting the final strategic placement; The initial number of shares issued online was 7.6325 million, accounting for about 17.69% of the total issued after deducting the final strategic placement. The total number of offline and online issuance is 4314357500 shares, and the final number of online and offline issuance is determined according to the call back situation.
The issuer initially issued 7.6325 million shares of “Yike food” by using the online pricing of the trading system of Shenzhen Stock Exchange on January 6 (T) 2022.
Please pay attention to the payment process of this offering and fulfill the payment obligation on January 10, 2022 (T + 2):
1. Offline investors shall, in accordance with the announcement on the initial public offering of shares by Jiangsu Yike Food Group Co., Ltd. and the preliminary placement results of offline issuance listed on the gem, timely and fully pay the subscription funds for new shares according to the finally determined issuance price and allocated quantity before 16:00 on January 10 (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 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 in accordance with the announcement on the results of initial public offering and online lottery of Jiangsu Yike Food Group Co., Ltd. on GEM Listing, so as to ensure that their capital account will have sufficient new share subscription funds on January 10 (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 are 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 arrangement of the sales restriction period for the placing objects under their management. Once the quotation is made, it is deemed to accept the arrangement of the online sales restriction period disclosed in this announcement.
In terms of strategic placement, the strategic investors in this offering are the special asset management plan of the issuer’s senior managers and core employees. The restricted period of shares allocated to strategic investors is 12 months, which is calculated from the date of listing of the shares in this public offering on the Shenzhen Stock Exchange.
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 after deducting the final strategic placement, 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 the offline investors who provide effective quotation fail to participate in the subscription and the offline investors who obtain the preliminary placement 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 sponsor (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 stock markets of Beijing stock exchange, Shanghai Stock Exchange and Shenzhen Stock Exchange shall be calculated together. During the period of being included in the restricted list, the placing object shall not participate in the offline inquiry and placement of relevant projects in all sectors of the stock market of Beijing stock exchange, Shanghai Stock Exchange and Shenzhen Stock Exchange.
If the online investor fails to make full payment 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. 1、 Online subscription
According to the data provided by Shenzhen Stock Exchange, the sponsor (lead underwriter) has made statistics on the subscription of this online offering. The number of effective subscription accounts for this online offering is 13365003, the number of effective subscription shares is 80960640000, the total number of allotments is 161921280, the starting number of allotments is 00000000000 1, and the ending number is 000161921280.
2、 Implementation of callback mechanism, issuance structure and success rate of online issuance
According to the callback mechanism announced in the announcement of Jiangsu Yike Food Group Co., Ltd. on initial public offering and listing on the gem, the issuer and the sponsor (lead underwriter) decided to start the callback mechanism because the initial effective online subscription multiple was 10607.35539 times, higher than 100 times, After deducting the final strategic placement, 20.00% of the shares issued this time (rounded up to an integral multiple of 500 shares, i.e. 86290000 shares) will be transferred back from offline to online. After the call back, the final number of offline shares issued was 26882075, accounting for about 62.31% of the total issued after deducting the final strategic placement; The final number of online issuance is 162615000 shares, accounting for about 37.69% of the total amount of this issuance after deducting the final strategic placement. After the call back, the winning rate of this online issuance was 0.0200856861%, and the subscription multiple was 4978.66986 times.
3、 Online lottery
The sponsor (lead underwriter) and the issuer will conduct lottery at Room 308, Shenye center, No. 5045, Shennan East Road, Luohu District, Shenzhen on the morning of January 7, 2022 (T + 1), and will publish the lottery results in China Securities News, Shanghai Securities News, securities times and Securities Daily on January 10, 2022 (T + 2).
Issuer: sponsor (lead underwriter) of Jiangsu Yike Food Group Co., Ltd.: Citic Securities Company Limited(600030) January 7, 2022 (there is no text on this page, which is the seal page of the announcement on online subscription and winning rate of Jiangsu Yike Food Group Co., Ltd. initial public offering and listing on GEM)
Issuer: Jiangsu Yike Food Group Co., Ltd. (there is no text on this page, which is the seal page of the announcement on online subscription and winning rate of Jiangsu Yike Food Group Co., Ltd. for initial public offering and listing on GEM)
Sponsor (lead underwriter): Citic Securities Company Limited(600030) mm / DD / yy
