Hunan Junxin environmental protection Co., Ltd
Initial public offering and listing on GEM
Announcement of issuance results
Sponsor (lead underwriter): Citic Securities Company Limited(600030)
The application of Hunan Junxin environmental protection Co., Ltd. (hereinafter referred to as "Junxin shares" or "issuer") for initial public offering of RMB common shares (A shares) (hereinafter referred to as "this offering") and listing on the gem has been examined and approved by the GEM Listing Committee of Shenzhen Stock exchange (hereinafter referred to as "Shenzhen Stock Exchange"), It has been approved to register by China Securities Regulatory Commission (hereinafter referred to as "CSRC") (zjxk [2022] No. 254).
The issuer's shares are referred to as "Junxin shares" for short, and the stock code is "301109".
The issuer and the recommendation institution (lead underwriter) Citic Securities Company Limited(600030) (hereinafter referred to as " Citic Securities Company Limited(600030) " or "recommendation institution (lead underwriter)") negotiated and determined the issue price of this issue as 34.81 yuan / share based on the preliminary inquiry results, combined with the effective subscription multiple, the valuation level of comparable companies in the industry, the industry of the issuer, the fundamentals of the issuer, market conditions, the demand for raised funds, underwriting risks and other factors, The number of shares issued was 68.34 million.
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, so the relevant subsidiaries of the sponsor need not participate in the follow-up investment.
The strategic placement of this issuance is finally composed of the special asset management plan established by the issuer's senior management and core employees participating in this strategic placement and other strategic investors.
The final strategic placement of this issuance is 875753900 shares, accounting for about 12.81% of the total number of this issuance. The difference between the initial strategic placement and the final strategic placement is 4910461 shares, which are 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 and the market value of non restricted depositary receipts 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 number of offline issuance was 43180961 shares, accounting for about 72.47% of the number of this issuance after deducting the final number of strategic placement; The initial number of shares issued online was 164015 million, accounting for about 27.53% of the number of shares issued this time after deducting the final strategic placement. The total number of final offline and online issuance is 59582461 million shares. The final number of online and offline issuance will be determined according to the online and offline callback.
According to the callback mechanism announced in the announcement of Hunan Junxin environmental protection Co., Ltd. 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 732895205 times, higher than 100 times, After deducting the final strategic placement amount from this offering, 20% of the number of shares in this public offering (rounded up to an integral multiple of 500 shares, i.e. 11916500 shares) will be transferred back from offline to online. After the call back, the final number of offline shares issued was 31264461, accounting for about 52.47% of the number issued after deducting the final strategic placement; The final number of shares issued online was 28318000 million, accounting for about 47.53% of the number issued after deducting the final strategic placement. After the call back, the winning rate of this online issuance is Xingmin Intelligent Transportation Systems (Group) Co.Ltd(002355) 79301%, and the subscription multiple is 424485511 times.
The online and offline subscription and payment work of this offering has been completed on April 6, 2022 (T + 2). 1、 Statistics of new share subscription
According to the data provided by Shenzhen Stock Exchange and Shenzhen Branch of China Securities Depository and Clearing Corporation Limited (hereinafter referred to as "Shenzhen Branch of China Securities Depository and Clearing Corporation"), the sponsor (lead underwriter) made statistics on the subscription of new shares issued online and offline in this strategic placement, and the results are as follows:
(I) strategic placement
The issue price does not exceed 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, pensions, social security funds, enterprise annuity funds and insurance funds after excluding the highest quotation. Therefore, relevant subsidiaries of the recommendation institution do not need to participate in follow-up investment.
The strategic placement of this issuance is finally participated by the senior management and core employees of the issuer
It is composed of the special asset management plan and other strategic investors.
The final strategic placement of this issuance is 875753900 shares, accounting for about 12.81% of the total number of this issuance. The difference between the initial strategic placement and the final strategic placement is 4910461 shares, which are transferred back to offline issuance.
As of March 25, 2022 (T-4), strategic investors have paid their subscription funds in full and on time. The final strategic placement results of this offering are as follows:
Serial number name of strategic investor number of allocated shares (shares) amount allocated (yuan) sales restriction period
1 Citic Securities Company Limited(600030) Junxin employees participate in the 12-month strategic placement collective asset management plan of gem 444843415484998754
2 Hunan hi tech Venture Capital Group Co., Ltd. 5745471999998107 12 months
3 Hunan Xiangjiang Zhongying Investment Management Co., Ltd. 2298190799999390 12 months
4 Changsha Leading Industry Investment Co., Ltd. 143636849999008 12 months
Total 875753930484993259-
Note: the restricted sale period shall be calculated from the date when the shares of this public offering are listed on the Shenzhen Stock Exchange.
(II) online subscription of new shares
1. Number of shares subscribed by online investors (shares): 28016131
2. Subscription amount paid by online investors (yuan): 97524152011
3. Number of online investors giving up subscription (shares): 301869
4. Subscription amount abandoned by online investors (yuan): 1050805989
(III) offline subscription of new shares
1. Number of shares subscribed by offline investors (shares): 31264461
2. Subscription amount paid by offline investors (yuan): 108831588741
3. Number of offline investors giving up subscription (shares): 0
4. Subscription amount abandoned by offline investors (yuan): 0
2、 Offline proportional restriction
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.
In this offering, the number of shares restricted to offline for 6 months is 3128409, accounting for about 30% of the shares issued offline
10.01% of the total, accounting for about 4.58% of the total public offering. 3、 Underwriting by the recommendation institution (lead underwriter)
The number of shares abandoned by online and offline investors is underwritten by the sponsor (lead underwriter). The number of shares underwritten by the sponsor (lead underwriter) this time is 301869 shares, the underwriting amount is 1050805989 yuan, and the number of underwritten shares accounts for 0.4417% of the total issued number.
On April 8, 2022 (T + 4), the sponsor (lead underwriter) will underwrite the capital and strategic investment
After deducting the recommendation and underwriting fees, the funds paid and subscribed by online and offline investors will be transferred to the issuer. The issuer will submit an application for share registration to China Clearing Shenzhen Branch and register the underwritten shares in the securities account designated by the recommendation institution (lead underwriter). 4、 Contact information of sponsor (lead underwriter)
If online and offline investors have any questions about the issuance results announced in this announcement, please contact the sponsor (lead underwriter) of this issuance. The specific contact information is as follows:
Sponsor (lead underwriter): Citic Securities Company Limited(600030)
Tel.: 01060833640
Contact: stock capital market department
e-mail address: [email protected].
Issuer: sponsor (lead underwriter) of Hunan Junxin environmental protection Co., Ltd.: Citic Securities Company Limited(600030) April 8, 2022 (there is no text on this page, which is the seal page of the announcement on the results of initial public offering and listing on the gem of Hunan Junxin environmental protection Co., Ltd.)
Issuer: Hunan Junxin environmental protection Co., Ltd. (there is no text on this page, which is the seal page of the announcement on the results of Hunan Junxin environmental protection Co., Ltd. initial public offering and listing on the GEM)
Sponsor (lead underwriter): Citic Securities Company Limited(600030) mm / DD / yyyy
