Suzhou fujilai Pharmaceutical Co., Ltd
Initial public offering and listing on GEM
Announcement of preliminary placement results of offline issuance
Sponsor (co lead underwriter): Orient Securities Company Limited(600958) underwriting sponsor Co., Ltd
Co lead underwriter: Guotai Junan Securities Co.Ltd(601211)
hot tip
The application of Suzhou fujilai Pharmaceutical Co., Ltd. (hereinafter referred to as “fujilai”, “issuer” or “company”) for initial public offering of no more than 22.92 million ordinary shares (A shares) and listing on the gem (hereinafter referred to as “this offering”) has been examined and approved by the GEM Listing Committee of Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock Exchange”), It has been registered by China Securities Regulatory Commission (hereinafter referred to as “CSRC”) (zjxk [2022] No. 251).
The sponsor (co lead underwriter) of this offering is Orient Securities Company Limited(600958) underwriting sponsor Co., Ltd. (hereinafter referred to as “sponsor (co lead underwriter)” or “China Eastern Investment Bank“), Guotai Junan Securities Co.Ltd(601211) (hereinafter referred to as ” Guotai Junan Securities Co.Ltd(601211) “) is the co lead underwriter of this offering (China Eastern Investment Bank and Guotai Junan Securities Co.Ltd(601211) ) are collectively referred to as “co lead underwriters”).
The issuer and the joint lead underwriters negotiated and determined that the number of shares issued this time is 22.92 million shares. The issue price is 48.30 yuan / share. The issuing price of this offering shall not exceed the median and weighted average of the quotations of offline investors after excluding the highest quotation, as well as the Securities Investment Fund (hereinafter referred to as “public fund”), the National Social Security Fund (hereinafter referred to as “social security fund”), the basic old-age insurance fund (hereinafter referred to as “pension”) established through public offering after excluding the highest quotation The enterprise annuity fund (hereinafter referred to as “enterprise annuity fund”) established in accordance with the measures for the administration of enterprise annuity fund and the insurance fund (hereinafter referred to as “insurance fund”) in accordance with the measures for the administration of the use of insurance funds, whichever is lower.
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 1146000 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 in Shenzhen market and the market value of non restricted Depositary Receipts (hereinafter referred to as “online issuance”).
After the strategic placement call back and before the online and offline call back mechanism was launched, the initial number of offline shares was 16.388 million, accounting for 71.50% of the number of shares issued this time; The initial number of shares issued online was 6.532 million, accounting for 28.50% of the number issued this time. According to the callback mechanism announced in the announcement of Suzhou fujilai Pharmaceutical Co., Ltd. on initial public offering and listing on the gem (hereinafter referred to as the “issuance announcement”), the issuer and the joint lead underwriters decided to start the callback mechanism because the initial effective subscription multiple on the Internet was 1027655090 times, higher than 100 times, 20% (rounded up to an integral multiple of 500 shares, i.e. 4584000 shares) of the number of shares issued this time will be transferred back from offline to online. After the call back, the final number of offline shares issued was 11.804 million, accounting for 51.50% of the total issued this time; The final number of shares issued online was 11.116 million, accounting for 48.50% of the total issued this time. After the callback mechanism was launched, the final winning rate of online issuance was 00165597961%, and the effective subscription multiple was 603872171 times.
Investors are kindly requested to focus on the payment process of this offering and fulfill their payment obligations on March 21, 2022 (T + 2):
1. According to this announcement, offline allocated investors shall pay the subscription funds for new shares in full and on time according to the final issuance price of 48.30 yuan / share and the initial placement quantity before 16:00 on March 21 (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.
The shares that offline and online investors give up to subscribe for are underwritten by the sponsor (joint 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 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, and the sales restriction 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 arrangement of the restricted sale period for the placing objects under their management. Once the quotation is made, it is deemed to accept the arrangement of the online restricted sale period 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 this public offering, the issuer and the joint 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 or 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 joint lead underwriters shall report the breach to the China Securities Association for the record. The number of violations of placing objects in various sectors of the stock market of Beijing stock exchange (hereinafter referred to as “Beijing stock exchange”), Shanghai Stock Exchange (hereinafter referred to as “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.
5. Once this announcement is published, it shall be deemed to have served the payment notice to all placing objects who have participated in the offline issuance and obtained the placement.
1、 Final result of strategic placement
The issuing price of this offering shall not exceed the lower of the median and weighted average of the offline investors’ quotation after excluding the highest quotation, and the median and weighted average of the quotation of public funds, social security funds, pensions, enterprise annuity funds and insurance funds after excluding the highest quotation. The relevant subsidiaries of the sponsor need not participate in this strategic placement.
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]) and the initial public offering of gem
Special provisions on issuance and underwriting of securities (CSRC announcement [2021] No. 21), Shenzhen Securities Exchange
Detailed rules for the implementation of the issuance and underwriting business of initial public offerings on the gem (revised in 2021) (Shenzhen Stock Exchange)
[2021] No. 919), detailed rules for the implementation of offline IPO in Shenzhen market (revised in 2020)
Revised) (SZS [2020] No. 483) and the code for underwriting initial public offerings under the registration system (China Securities Association)
Fa [2021] No. 213), detailed rules for the administration of offline investors in initial public offering of shares (zsxf [2018]
No. 142), rules for the administration of offline investors in initial public offerings under the registration system (China Securities Association [2021]
No. 212), detailed rules for placement of initial public offering shares (zzxf [2018] No. 142) and other relevant provisions,
The co lead underwriters verified and confirmed the qualification of investors participating in offline subscription. According to the offline of Shenzhen Stock Exchange
The joint lead underwriters make the following statistics on the effective subscription results finally received by the issuing electronic platform:
The offering of this subscription network has ended on February 17, 202T. Verified and confirmed
It is recognized that 6789 effective quotation placing objects managed by 328 offline investors disclosed in the issuance announcement are placed according to
Make offline subscription according to the requirements of the issuance announcement. After verification, 21 of them are managed by 4 offline investors
Of the placing objects participated in the offline subscription, but it was announced by the China Securities Association on March 16, 2022
The announcement on the restricted list of offline investors in initial public offering of shares was listed in the restricted list and did not have the right to place shares
No allotment is allowed in this offering. To sum up, the number of investors actually participating in the offline preliminary placement is 324
The number of placing objects is 6768, and the number of effective offline subscription is 420754 million shares.
The specific list of those who participate in offline subscription but are not placed due to being included in the restricted list is as follows:
In the initial inquiry, the serial number in the initial inquiry is the name of the offline investor, the name of the placing object, the proposed purchase price, the proposed purchase quantity (yuan / share) (10000 shares)
1 Shanghai Lingze Investment Management Co., Ltd. Lingze robust master fund No. 2 private placement 48.30 290 securities investment fund
2 Shanghai Shenyi Investment Co., Ltd. Shenyi Multi Strategy quantitative arbitrage No. 7 48.30 800
3 Shanghai Shenyi Investment Co., Ltd. Huiyi No. 4 48.30 670
4 Shanghai Shenyi Investment Co., Ltd. Shenyi Weijing No. 9 private securities investment 48.30 470 fund
5 Shanghai Shenyi Investment Co., Ltd. Shenyi Gewu No. 19 securities private investment 48.30 620 capital fund
6 Shanghai Shenyi Investment Co., Ltd. Shenyi Zhiyuan No. 1 private securities investment 48.30 530 fund
7 Shanghai Shenyi Investment Co., Ltd. Shenyi hang wenzhiyuan No. 1 private equity certificate 48.30 540 bond investment fund
8 Shanghai Shenyi Investment Co., Ltd. Shenyi Gewu No. 18 private securities investment 48.30 490 fund
9 Shanghai Shenyi Investment Co., Ltd. shenyi’an profit exclusive private placement certificate 48.30 580 bond investment fund
10 Shanghai Shenyi Investment Co., Ltd. Shenyi Gewu No. 12 private securities investment 48.30 560 fund
11 Shanghai Shenyi Investment Co., Ltd. shenyilingteduo strategy No. 1 private placement 48.30 640 securities investment fund
12 Shanghai Shenyi Investment Co., Ltd. Shenyi steady income No. 7 private placement certificate 48.30 770 bond investment fund
13 Shanghai Shenyi Investment Co., Ltd. shenyishun quantitative private securities investment 48.30 500 fund
14 Shanghai Muxin Asset Management Co., Ltd. Muxin tianzehui No. 1 private securities 48.30 120 investment fund
15 Shanghai Muxin Asset Management Co., Ltd. Muxin tianzehui No. 3 private securities 48.30 16
