Weijie Chuangxin (Tianjin) Electronic Technology Co., Ltd
Initial public offering and listing on the science and Innovation Board
Issuance arrangement and preliminary inquiry announcement
Sponsor (lead underwriter): China Securities Co.Ltd(601066)
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Important tips
Weijie Chuangxin (Tianjin) Electronic Technology Co., Ltd. (hereinafter referred to as “Weijie Chuangxin”, “issuer” or “company”) in accordance with the implementation opinions on establishing a science and innovation board and pilot registration system in Shanghai Stock Exchange (CSRC announcement [2019] No. 2) issued by China Securities Regulatory Commission (hereinafter referred to as “CSRC” and “CSRC”) Measures for the administration of securities issuance and underwriting (CSRC order [No. 144]) (hereinafter referred to as the “administrative measures”), measures for the administration of the registration of initial public offering of shares on the science and Innovation Board (for Trial Implementation) (CSRC order [No. 174]), Shanghai Stock Exchange (hereinafter referred to as “Shanghai Stock Exchange”) promulgated the measures for the implementation of the issuance and underwriting of shares on the science and Innovation Board of Shanghai Stock Exchange (SZF [2021] No. 76) (hereinafter referred to as “the implementation measures”), the guidelines for the application of the Issuance and underwriting rules on the science and Innovation Board of Shanghai Stock Exchange No. 1 – initial public offering of shares (SZF [2021] No. 77) (hereinafter referred to as “the underwriting guidelines”) Detailed rules for the implementation of online issuance of initial public offerings in Shanghai market (SZF [2018] No. 40) (hereinafter referred to as “detailed rules for the implementation of online issuance”), detailed rules for the implementation of offline issuance of initial public offerings in Shanghai market (SZF [2018] No. 41) (hereinafter referred to as “detailed rules for the implementation of offline issuance”), The code for underwriting initial public offerings under the registration system issued by the China Securities Association (Zhong Zheng Xie Fa [2021] No. 213) (hereinafter referred to as the “code for underwriting”) Detailed rules for the administration of offline investors in initial public offerings (zxsf [2018] No. 142), rules for the administration of offline investors in initial public offerings under the registration system and guidelines for the classified evaluation and management of offline investors in initial public offerings under the registration system (zxsf [2021] No. 212) (hereinafter referred to as “rules for the administration of offline investors and guidelines for the classified evaluation and management of offline investors”) And other relevant provisions, as well as the relevant provisions of the Shanghai Stock Exchange on stock issuance and listing rules and the latest operating guidelines, such as IPO and listing on the science and innovation board.
China Securities Co.Ltd(601066) (hereinafter referred to as ” China Securities Co.Ltd(601066) securities” or “sponsor (lead underwriter)”) serves as the sponsor (lead underwriter) of this offering.
This offering is conducted by the combination of directional placement to strategic investors (hereinafter referred to as “strategic placement”), offline inquiry placement to qualified offline investors (hereinafter referred to as “offline issuance”) and online pricing issuance to social public investors holding the market value of non restricted A-Shares and non restricted depositary receipts in Shanghai market (hereinafter referred to as “online issuance”). The strategic placement, preliminary inquiry and online and offline issuance of this offering shall be organized and implemented by the sponsor (lead underwriter). The strategic placement of this offering is conducted at China Securities Co.Ltd(601066) securities office. The preliminary inquiry and offline subscription are conducted through the offline subscription electronic platform of Shanghai Stock Exchange IPO (hereinafter referred to as “offline subscription platform”), and the online offering is conducted through the trading system of Shanghai Stock Exchange. Investors are requested to read this announcement carefully. Please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) for details of preliminary inquiry and electronic offline issuance The detailed rules for the implementation of offline issuance and other relevant provisions.
Investors can visit the following website（ http://www.sse.com.cn./disclosure/listedinfo/listing/ 、 http://www.sse.com.cn./ipo/home/ ）Check the full text of the announcement.
Basic information of the issuer
The full name of the company is Weijie Chuangxin (Tianjin), and electronic technology securities is abbreviated as Weijie Chuangxin
Technology Co., Ltd
Securities code / offline subscription code 688153 online subscription code 787153
Purchase code
Offline subscription is referred to as Weijie Chuangxin online subscription is referred to as Weijie subscription
Industry name computer, communication and other electricity industry code C39
Sub equipment manufacturing
Basic information of this offering
This issuance adopts directional placement to strategic investors (hereinafter referred to as “strategic placement”) Under the online issuance mode, the inquiry placement to qualified investors (hereinafter referred to as “offline issuance”) is combined with the online pricing issuance to social public investors holding non restricted A-Shares and the market value of non restricted depositary receipts in Shanghai market (hereinafter referred to as “online issuance”).
Pricing method offline preliminary inquiry will directly determine the issue price, and offline cumulative bidding inquiry will not be conducted
Total share capital before issuance (3 Shanghai Pudong Development Bank Co.Ltd(600000) 0 shares) and number of shares to be issued (10000 shares) 40080000
Shares)
The estimated number of new shares issued is 40080000, and the estimated number of old shares transferred is 0
(10000 shares) (10000 shares)
Total share capital after issuance (104.08 million yuan) the number of shares to be issued accounts for 10.02% after issuance
Proportion of total share capital (%)
Initial online issuance: 6412500 initial offline issuance: 25651500
(10000 shares) (10000 shares)
Each proposed offline subscription is 13000000, and each proposed offline subscription is 300000
Upper limit (10000 shares) lower limit (10000 shares)
The number of initial strategic placements is 8016000, accounting for 20.00 of the proposed issuance
Number ratio of (10000 shares) banks (%)
The special fund for senior executives and core employees of the relevant subsidiaries of the recommendation institution is 408000 shares / 24000 shares of the company. The initial number of shares invested is 1202400. The number of shares subscribed in the management plan / RMB 10000 (including the maximum amount of new share placement (10000 shares / RMB 10000) Commission)
Is there any other strategic allocation? The brokerage commission for the placement of new shares is 0.50
Sales arrangement rate (%)
Important date of this issuance
Preliminary inquiry date and starting and ending date: March 25, 2022 issue announcement publication date: March 29, 2022 time: 9:30-15:00
Offline Subscription Date and start and end March 30, 2022 online subscription date and start and end time March 30, 2022 9:30-15:00, 9:30-11:30, 13:00-15:0
Offline payment date and deadline: April 1, 2022 online payment date and deadline: April 1, 2022 end time: 16:00
Note: as of the announcement date of the prospectus, the company has not yet made a profit.
Please pay attention to the following key contents:
1. Verification of inquiry qualification of offline investors: the “offline investors” mentioned in this announcement refer to institutional investors participating in offline issuance, and the “placing object” refers to offline investors or securities investment products managed by them. Offline investors shall complete the registration of placing objects in China Securities Association before 12:00 noon on March 24, 2022 (T-4), and pass the recommendation institution (lead underwriter) China Securities Co.Ltd(601066) securities offline investor management system (website: https://emp.csc.com.cn. ）Submit the letter of commitment and relevant verification materials online.
The recommendation institution (lead underwriter) has formulated the standards for offline investors according to relevant systems and rules. See “III. (I) participation conditions and quotation requirements of offline investors” in this announcement for specific standards and arrangements. Only investors who meet the standards for offline investors determined by the issuer and the sponsor (lead underwriter) can participate in the preliminary inquiry of this offering. Those who participate in the preliminary inquiry of this issuance without meeting the relevant standards shall bear all the consequences caused by this behavior. The sponsor (lead underwriter) will set its quotation as invalid on the offline subscription platform and disclose the relevant information in the issuance announcement.
2. Requirements for offline investors to submit pricing basis and suggested price or price range: offline investors must submit pricing basis and suggested price or price range given in the internal research report through the offline subscription platform of Shanghai Stock Exchange at 13:00-14:30, 15:00-22:00 on the trading day before the preliminary inquiry day (March 24, 2022, T-4) or 6:00-9:30 on the preliminary inquiry day (March 25, 2022, T-3). Offline investors shall quote according to the recommended price or price range given in the internal research report. In principle, they shall not exceed the recommended price range in the research report. Offline investors who fail to submit the pricing basis and suggested price or price range before the inquiry shall not participate in the inquiry. If the offline investor fails to submit the pricing basis and suggested price or price range, the recommendation institution (lead underwriter) will deem the offline investor’s quotation invalid.
3. Verification requirements for the asset scale of offline investors: the subscription amount of each product under the investor’s own funds or management participating in the offline inquiry shall not exceed the asset scale (total assets) or capital scale specified in the asset certificate of the asset scale or capital scale provided to the sponsor (lead underwriter): among them, public funds, special fund accounts, asset management plans Private equity funds (including asset management plans of futures companies and their asset management subsidiaries) and other products shall provide valid proof materials of the total assets of the products on the fifth trading day before the preliminary inquiry date (March 18, 2022, T-8); The self operated investment account shall provide the explanatory materials on the capital scale of the self operated account issued by the company (the capital scale is up to March 18, 2022, T-8). The above-mentioned proof materials of asset scale or capital scale shall be stamped with the official seal of the company or the official seal of external certification agency.
In particular, offline investors are reminded that in order to promote the prudent quotation of offline investors and facilitate the verification of the asset scale of offline investors on the science and innovation board, the Shanghai stock exchange requires offline investors to make a commitment to the asset scale in the offline subscription platform, and invites offline investors to operate according to the relevant steps in “III. (V) preliminary inquiry”. If the sponsor (lead underwriter) finds that the investor does not comply with the regulatory requirements of the industry and applies for purchase beyond the corresponding asset scale or capital scale, the subscription of the placing object is invalid; If the asset scale or capital scale filled in by the investor on the offline subscription platform is inconsistent with the asset scale or capital scale in the asset certification materials of the placing object submitted to the sponsor (lead underwriter), the sponsor (lead underwriter) has the right to determine that the quotation of the placing object is invalid. 4. Prudent quotation requirements for offline investors: in order to further standardize the order of issuing and underwriting new shares on the science and innovation board, offline investors are required to participate in offline inquiry in strict accordance with the principles of science, independence, objectivity and prudence, as follows:
(1) For the same IPO issue of the science and innovation board, the offline subscription platform can record at most two preliminary inquiry and quotation records submitted by investors under the same network. After entering all quotation records for all placing objects to be quoted, offline investors shall submit them at one time. If two quotation records are submitted, the quotation records submitted for the second time shall prevail.
(2) After submitting the quotation record for the first time, offline investors shall not modify it in principle. If it is necessary to modify it, they shall re perform the quotation decision-making procedure, fully explain the reasons for the price change, the logical calculation basis of the price change range on the page submitted for the second time, and whether the previous quotation has insufficient pricing basis and incomplete quotation decision-making procedure, and archive the relevant materials for future reference. The system will record the reasons for quotation modification and other contents as the basis for the regulatory authority to verify the quotation decision-making of offline investors and relevant internal control systems.
5. Upper limit of offline subscription: the upper limit of the number of shares subscribed by each placing object in this offline issuance is 13 million shares, accounting for 50.68% of the initial offline issuance. Offline investors and their managed placing objects shall strictly comply with the regulatory requirements of the industry, strengthen risk control and compliance management, and prudently and reasonably determine the price and quantity to be purchased.
6. High price rejection mechanism: the issuer and the recommendation institution (lead underwriter) will reject all qualified placing objects according to the preliminary inquiry results after excluding the quotation of unqualified investors
