Securities code: Hillstone Networks Co.Ltd(688030) securities abbreviation: Hillstone Networks Co.Ltd(688030) Announcement No.: 2022013 Hillstone Networks Co.Ltd(688030)
Issue convertible corporate bonds to unspecified objects
Priority announcement and success rate of online placement
Sponsor (lead underwriter): China International Capital Corporation Limited(601995)
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important tips
Hillstone Networks Co.Ltd(688030) (hereinafter referred to as ” Hillstone Networks Co.Ltd(688030) ,” issuer “or” company “) has obtained the consent of China Securities Regulatory Commission (hereinafter referred to as” CSRC “) zjxk [2021] No. 4025 to register for issuing convertible corporate bonds to unspecified objects. The sponsor (lead underwriter) of this offering is China International Capital Corporation Limited(601995) (hereinafter referred to as “sponsor (lead underwriter)” or ” China International Capital Corporation Limited(601995) “. The convertible bonds issued this time are referred to as “Shanshi convertible bonds” for short, and the bond code is “118007”.
Please read this announcement carefully. Important tips on the issuance process, subscription, payment and disposal of investors’ abandonment of convertible bonds issued to unspecified objects are as follows:
1. After the online investors win the bid for the convertible bonds issued this time, they shall fulfill their payment obligations in accordance with the announcement of online winning results of Hillstone Networks Co.Ltd(688030) issuing convertible corporate bonds to unspecified objects (hereinafter referred to as the announcement of online winning results), so as to ensure that their capital account has sufficient subscription funds on March 24 (T + 2) 2022 and can subscribe for one hand or one hand of integral multiple convertible bonds after winning the bid, The transfer of investors’ funds shall comply with the relevant provisions of the securities company where the investors are located. If the investor’s subscription fund is insufficient, the insufficient part shall be deemed as giving up the subscription, and the resulting consequences and relevant legal liabilities shall be borne by the investor. According to the relevant provisions of China Securities Depository and Clearing Co., Ltd. Shanghai Branch (hereinafter referred to as “China Securities Depository and clearing Shanghai Branch”), the minimum unit to give up subscription is one hand. The part that online investors give up subscription shall be underwritten by the sponsor (lead underwriter).
2. When the total number of convertible bonds subscribed by the original shareholders and the number of convertible bonds subscribed by online investors is less than 70% of the number of this issuance, or when the total number of convertible bonds subscribed by the original shareholders and the number of convertible bonds subscribed by online investors is less than 70% of the number of this issuance, the issuer and the recommendation institution (lead underwriter) will negotiate whether to take measures to suspend the issuance, And timely report to the Shanghai Stock Exchange (hereinafter referred to as the “Shanghai Stock Exchange”). If the issuance is suspended, the reasons for the suspension will be announced and the issuance will be restarted at the right time.
The part of the subscription amount of convertible bonds issued this time is less than 267.43 million yuan shall be underwritten by the sponsor (lead underwriter). The sponsor (lead underwriter) shall determine the final placement result and underwriting amount according to the online capital arrival. In principle, the underwriting proportion of the sponsor (lead underwriter) shall not exceed 30% of the total amount of convertible bonds issued, that is, in principle, the maximum underwriting amount is 80.229 million yuan.
3. If the investor has won the lottery for 3 times but failed to pay in full within 12 consecutive months, the investor shall not participate in the online subscription of new shares, depositary receipts, convertible bonds and exchangeable bonds within 6 months (calculated as 180 natural days, including the next day) from the next day when CSDCC Shanghai branch receives the purchase abandonment declaration. The number of times of abandonment of subscription shall be calculated according to the number of times of new shares, depositary receipts, convertible bonds and exchangeable bonds actually abandoned by investors Hillstone Networks Co.Ltd(688030) this issuance of 267.43 million yuan of convertible corporate bonds to unspecified objects, the preferential placement and online subscription of the original shareholders have been completed on March 22, 2022 (t day). According to the announcement of Hillstone Networks Co.Ltd(688030) issuing convertible corporate bonds to unspecified objects (hereinafter referred to as the “issuance announcement”) published on March 18, 2022, once published, this announcement shall be deemed to serve the allocated information to all investors participating in the subscription. The results of this issuance and subscription of mountain rock convertible bonds are hereby announced as follows:
1、 General situation
The issuance price of Shanshi convertible bonds is 100 yuan / piece, totaling 2674300 pieces (267430 hands). The priority placement date and online subscription date of the original shareholders of this issuance are March 22, 2022 (t day).
2、 Release results
According to the issuance announcement, the mountain rock convertible bonds are preferentially placed to the original shareholders registered by China Clearing Shanghai branch after the closing of the market on the equity registration date of the issuer, and the balance after the priority placement of the original shareholders (including the part that the original shareholders give up the priority placement) is issued to the public investors online through the trading system of Shanghai Stock Exchange. The final release results are as follows:
1. Priority placement results to original shareholders
According to the online priority placement data provided by the Shanghai Stock Exchange, the total amount of Shanshi convertible bonds finally placed to the original shareholders is 6787300000 yuan (67873 hands), accounting for about 25.38% of the total issuance.
2. Online subscription results and successful issuance rate of social public investors
The total amount of mountain rock convertible bonds issued online to general public investors finally determined in this issuance is 19955700000 yuan (199557 hands), accounting for 74.62% of the total issuance, and the online winning rate is 000178881%.
According to the online subscription data provided by Shanghai Stock Exchange, the effective number of online subscription accounts is 11257964, the effective number of subscriptions is 11155858572, that is, 11155857200000 yuan, the total number of allotments is 11155858572, and the starting and ending numbers are 10000 Ping An Bank Co.Ltd(000001) 11155858571.
The issuer and the recommendation institution (lead underwriter) will organize a lottery ceremony on March 23, 2022 (T + 1), and the lottery results will be published in Shanghai Securities News and the website of Shanghai Stock Exchange on March 24, 2022 (T + 2)（ http://www.sse.com.cn. ）Make an announcement on the Internet. The subscriber shall confirm the number of convertible bonds according to the winning lot number. Each winning lot number can only buy one hand (i.e. 1000 yuan) of mountain stone convertible bonds.
3. Summary of placement results of this offering
Category winning rate / placement effective subscription quantity actual allocated quantity actual allocated amount proportion (%) (hand) (hand) (yuan)
Original shareholder 10067873678736787300000
Online social public investors 0001788811115585857219955719955700000
Total 1115592644526743026743000000
3、 Time to market
The listing time of this issuance of Shanshi convertible bonds will be announced separately.
4、 Documents for future reference
For general information about this offering, investors are invited to visit the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）Query the full text of the prospectus and relevant information about the offering.
5、 Contact information of issuer and sponsor (lead underwriter)
1. Issuer: Hillstone Networks Co.Ltd(688030)
Address: Suzhou New District Hi-Tech Industrial Co.Ltd(600736) District, No. 181 Jingrun Road
Contact: Tang Yan
Tel: 051266806591
2. Sponsor (lead underwriter): China International Capital Corporation Limited(601995)
Address: 27th floor and 28th floor, building 2, international trade building, No. 1, Jianguomenwai street, Chaoyang District, Beijing
Tel: 010 – 65353029
Fax: 010 – 65353031
Contact: capital market department
Issuer: Hillstone Networks Co.Ltd(688030) sponsor (lead underwriter): China International Capital Corporation Limited(601995) March 23, 2022
Issuer: Hillstone Networks Co.Ltd(688030) March 23, 2022 (there is no text on this page, which is the seal page of the announcement of online winning rate and preferential placement results of Hillstone Networks Co.Ltd(688030) issuing convertible corporate bonds to unspecified objects)
Sponsor (lead underwriter): China International Capital Corporation Limited(601995) mm / DD / 2022 3 23
