Guangdong Ruide Intelligent Technology Co., Ltd
Initial public offering and listing on GEM
Announcement of offline preliminary placement results
Sponsor (lead underwriter): Guoyuan Securities Company Limited(000728)
Guangdong Ruide Intelligent Technology Co., Ltd. (hereinafter referred to as “Ruide intelligent” or “issuer”) applied for initial public offering of shares and listing on the gem, which was reviewed and approved by the GEM Listing Committee of Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock Exchange”) and registered with the CSRC (hereinafter referred to as “CSRC”) zjxk [2022] No. 205.
After negotiation between the issuer and the recommendation institution (lead underwriter) Guoyuan Securities Company Limited(000728) (hereinafter referred to as ” Guoyuan Securities Company Limited(000728) ” or “recommendation institution (lead underwriter)”), the number of shares issued this time is 25488000, all of which are new shares issued to the public, and the shareholders of the issuer will not transfer their old shares. The issue price is 31.98 yuan / share. The offering price shall not exceed the median and weighted average of the offline investors’ quotation 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. According to item (IV) of Article 39 of the detailed rules for the implementation of the issuance and underwriting business of the initial public offering of securities on the gem of Shenzhen Stock Exchange (revised in 2021) (SZS [2021] No. 919), the relevant subsidiaries of the sponsor need not participate in the follow-up investment, and all the shares initially participated in the follow-up investment of the relevant subsidiaries of the sponsor are transferred back to the offline issuance.
According to the final price, the final strategic placement number of the special asset management plan for the senior management and core employees of the issuer is 1657285 shares.
To sum up, the strategic placement of this issue only has the special asset management plan of the issuer’s senior managers and core employees. The final number of strategic placement is 1657285 shares, accounting for 6.50% of the total number of issues. The difference between the initial strategic placement and the final strategic placement of 2165915 shares will be transferred back to offline issuance.
This issuance is finally carried out by a combination of directional placement to strategic investors (hereinafter referred to as “strategic placement”), offline inquiry placement to qualified investors (hereinafter referred to as “offline issuance”) and online pricing issuance to social public investors holding non restricted A-share shares or non restricted depositary receipts market value in Shenzhen market (hereinafter referred to as “online issuance”).
After the callback of strategic placement and before the launch of online and offline callback mechanism, the initial number of offline issuance was 17331715 shares, accounting for 72.73% of the number issued after deducting the final number of strategic placement; The initial number of shares issued online was 6.499 million, accounting for 27.27% of the number issued after deducting the final strategic placement. The total number of final offline and online issuance is 23830715 shares, and the final number of online and offline issuance will be determined according to the call back situation.
According to the callback mechanism announced in the announcement of Guangdong Ruide Intelligent Technology 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 subscription multiple on the Internet was 929780489 times, higher than 100 times, After deducting the final strategic placement quantity, 20% of the issuance quantity (rounded up to an integral multiple of 500 shares, i.e. 4766500 shares) will be transferred back from offline to online. After the call back, the final number of offline issuance is 125652150 shares, accounting for 52.73% of the total amount of this issuance after deducting the final strategic placement; The final online issuance was 112655 million shares, accounting for 47.27% of the total issuance after deducting the final strategic placement. After the call back, the winning rate of this online pricing issuance was 00186433308%, and the subscription multiple was 536384839 times.
Please pay attention to the payment link of this offering and fulfill the payment obligation in time on April 1, 2022 (T + 2).
1. According to the initial allotment of shares issued by Guangdong Smart Technology Co., Ltd. and the final allotment of shares issued by Guangdong Smart Technology Co., Ltd. on February 16, 2024, the investors shall pay in time according to the initial allotment price of shares issued by Guangdong Smart Technology Co., Ltd. If the same placing object receives multiple new shares on the same day, it is necessary to pay for each new share in full and fill in the remarks in accordance with the specifications. If the placing object has insufficient funds for a single new share, all the new shares allocated to the placing object on that day will be invalid, and the resulting consequences shall be borne by the investors themselves.
After the online investors win the lottery in the subscription of new shares, they shall fulfill the obligation of capital settlement according to the announcement on the results of initial public offering and online lottery of Guangdong Ruide Intelligent Technology Co., Ltd. listed on the gem, so as to ensure that their capital account has sufficient capital for the subscription of new shares by April 1 (T + 2) 2022. The insufficient part shall be deemed to have given up the subscription, and the resulting consequences and relevant legal liabilities shall be borne by the investors themselves. The transfer of investors’ funds shall comply with the relevant provisions of the securities company where the investors are located.
The shares abandoned by offline and online investors shall be underwritten by the sponsor (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.
The restricted period of the shares allocated to the senior managers and core employees of the issuer participating in the special asset management plan established by the strategic placement is 12 months, which shall be calculated from the date of listing of the shares publicly issued on the Shenzhen Stock Exchange. After the expiration of the restricted sale period, the reduction of the allocated shares by strategic investors shall be subject to the relevant provisions of the CSRC and the Shenzhen Stock Exchange on share reduction.
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 sponsor (lead underwriter) will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements.
4. If the offline investor who provides effective quotation fails to participate in the subscription or the offline investor who obtains the preliminary placement fails 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 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 on GEM, Kechuang board, main board and Beijing stock exchange 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 of gem, science and innovation board, main board and Beijing stock exchange.
If online investors fail to pay in full after winning the lottery three times in a row within 12 months, they shall not participate in the 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 when CSDCC Shenzhen branch receives the purchase abandonment declaration. The number of times of giving up subscription shall be calculated according to the number of times of investors actually giving up subscription of new shares, depositary receipts, convertible corporate bonds and exchangeable corporate bonds.
5. Once this announcement is published, it shall be deemed to have served the notice of allocated payment to the offline investors participating in the offline subscription.
1、 Final result of strategic placement
(I) overall arrangement of this strategic placement
The offering price is not higher than the lower of the median and weighted average of offline investors’ quotations after excluding the highest quotation and the median and weighted average of public funds, social security funds, pensions, enterprise annuity funds and insurance funds after excluding the highest quotation. Therefore, the relevant subsidiaries of the sponsor need not participate in the follow-up investment.
In this offering, the final strategic placement investor only set up a special asset management plan for the issuer’s senior managers and core employees: Guoyuan Securities Company Limited(000728) Reid smart employees participate in the gem strategic placement collective asset management plan (hereinafter referred to as “Reid smart war asset management plan”).
As of the date of this announcement, the special asset management plan of the senior management and core employees of the issuer has signed a placement agreement with the issuer. See the special verification report of Guoyuan Securities Company Limited(000728) about the strategic investors of Guangdong Ruide Intelligent Technology Co., Ltd. in the initial public offering and the legal opinion of Beijing Deheng (Hefei) law firm on the special verification of the strategic investors of Guangdong Ruide Intelligent Technology Co., Ltd. in the initial public offering and listing on the gem announced on March 29 (t-1) 2022.
(II) results of strategic placement
On March 28, 2022 (T-2), based on the preliminary inquiry results, the issuer and the recommendation institution (lead underwriter) negotiated and determined that the price of this issuance was 31.98 yuan / share, and the total scale of this issuance was 8151062 million yuan.
As of March 25, 2022 (T-3), strategic investors have paid their subscription funds in full and on time. According to the relevant agreements in the strategic placement agreement signed by the issuer, the sponsor (lead underwriter) and the strategic investors, the strategic placement results of this issuance are determined as follows:
Specific name initial subscription scale allocated quantity allocated amount (yuan) sales restriction period (month) (yuan) (shares)
Reid intelligent warfare allocation management 53000 Ping An Bank Co.Ltd(000001) 65728552999430 12
plan
2、 Initial subscription and placement results
(I) offline issuance and subscription
According to the measures for the administration of securities issuance and underwriting (CSRC order [No. 144]), the special provisions on the issuance and underwriting of initial public offerings on the gem (CSRC announcement [2021] No. 21), the practical implementation rules for the issuance and underwriting of initial public offerings on the gem of Shenzhen Stock Exchange (revised in 2021) (SZS [2021] No. 919) Detailed rules for the implementation of offline issuance of initial public offerings in Shenzhen market (revised in 2020) (SZS [2020] No. 483), code for underwriting of initial public offerings under the registration system (zsxf [2021] No. 213), detailed rules for the management of offline investors in initial public offerings (zsxf [2018] No. 142) The sponsor (lead underwriter) has verified and confirmed the qualification of investors participating in offline subscription according to the relevant provisions of the rules for the administration of offline investors of initial public offering under the registration system (Zhong Zheng Xie Fa [2021] No. 212). According to the effective subscription results finally received by the offline issuance electronic platform of Shenzhen Stock Exchange, the sponsor (lead underwriter) makes the following statistics:
The offline subscription of this offering has been completed on March 30, 2022 (t day). After verification, it is confirmed that all the 6610 effective quotation placement objects managed by 292 offline investors disclosed in the issuance announcement have made offline subscription in accordance with the requirements of the issuance announcement, and the effective subscription quantity is 45713800000 shares. (II) preliminary offline placement results
According to the offline placement principles and calculation methods published in the announcement on initial public offering and listing on gem of Guangdong Ruide Intelligent Technology Co., Ltd. (hereinafter referred to as the “announcement on preliminary inquiry and recommendation”), the issuer and the sponsor (lead underwriter) have made a preliminary placement of offline issued shares. The effective subscription and preliminary placement of various offline investors are shown in the table below:
The effective subscription shares of the placement object account for the total effective initial placement shares, accounting for the most types of investors offline
Number of subscription (10000 shares) number of subscription (shares) final issue allotment proportion
Proportion of proportion
Class a investors 208453045.60% 879915170.03% 004221168%
Class B investors 331800.73% 1256271.00% 003786227%
Class C investors 245367053.67% 364043728.97% 001483670%
Total 4571380100.00% 12565215100.00% Jiangxi Selon Industrial Co.Ltd(002748) 670%
Note: if the total number is inconsistent with the mantissa of the sum of the sub item values, it is caused by rounding.
Among them, the remaining 2565 shares were placed to the “Oriental selected hybrid open-ended securities investment fund” managed by “Oriental Fund Management Co., Ltd.” in accordance with the offline placement principle in the preliminary inquiry and promotion announcement.
The above placement arrangements and results comply with the placement principles published in the preliminary inquiry and promotion announcement. See “attached table: preliminary placement list of offline investors” for the allocation of each placement object.
3、 Contact information of sponsor (lead underwriter)
If offline investors have any questions about the offline preliminary placement results announced in this announcement, please contact the sponsor (lead underwriter) of this offering. The specific contact information is as follows:
Sponsor
