New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd
Initial public offering and listing on GEM
Announcement of preliminary placement results of offline issuance
Sponsor (lead underwriter):
hot tip
The application of New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. for initial public offering of no more than 61.92 million ordinary shares (A shares) (hereinafter referred to as "this offering") was examined and approved by the GEM Listing Committee of Shenzhen Stock Exchange on September 10, 2021, and approved for registration by the CSRC's zjxk [2022] No. 378 document on February 23, 2022. The sponsor (lead underwriter) of this offering is Minsheng Securities Co., Ltd. (hereinafter referred to as "Minsheng securities" or "sponsor (lead underwriter)"). The issuer's stock is abbreviated as "Xinte electric" and the stock code is "301120".
The issuer negotiated with the sponsor (lead underwriter) Minsheng Securities Co., Ltd. (hereinafter referred to as "Minsheng securities" or "sponsor (lead underwriter)") to determine the number of shares to be issued this time is 61.92 million, and the issue price is 13.73 yuan / share.
The issuing price of this offering exceeds 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 recommendation institution need to participate in the follow-up investment.
This offering is conducted by a 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 non restricted A-share shares and non restricted depositary receipts market value in Shenzhen market (hereinafter referred to as "online issuance").
The number of shares issued by the initial strategic placement of this issuance was 9.288 million shares, accounting for 15.00% of the issued number. According to the final determined issuance price, the strategic placement of this issuance is composed of the special asset management plan established by the issuer's senior managers and core employees participating in this strategic placement and the follow-up investment of relevant subsidiaries of the sponsor. The final number of strategic placement shares in the special asset management plan for senior managers and core employees of the issuer was 3678077 shares, accounting for 5.94% of the number of shares issued this time; The final number of strategic placement shares of relevant subsidiaries of the sponsor was 2913328 million shares, accounting for 4.70% of the number of shares issued this time. The number of final strategic placement was 6591405 shares, accounting for 10.65% of the total number of issues. The difference between the initial strategic placement and the final strategic placement was 2696595 shares, which were transferred back to offline issuance.
Before the online and offline call back mechanism was launched, the initial number of offline shares issued after the strategic placement call back was 39539095 million shares, accounting for 71.46% of the number issued after deducting the final strategic placement; The initial number of shares issued online was 15789500, accounting for 28.54% of the number issued after deducting the final strategic placement. According to the callback mechanism announced in the announcement of New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. on initial public offering and listing on GEM, the issuer and the recommendation institution (lead underwriter) decided to start the callback mechanism because the initial effective online subscription multiple was 742818218 times, higher than 100 times, 20% (rounded up to an integral multiple of 500 shares, i.e. 11066000 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 2847309500, accounting for 51.46% of the total issued after deducting the final strategic placement; The final number of shares issued online was 26855500, accounting for 48.54% of the total issued after deducting the final strategic placement. After the call back, the winning rate of this online pricing issuance was Shenzhen Success Electronics Co.Ltd(002289) 71969%, and the subscription multiple was 436734682 times.
Investors are kindly requested to pay attention to the relevant provisions on the issuance process, online and offline payment, disposal of share abandonment, suspension of issuance, etc., and timely fulfill the payment obligations on April 11, 2022 (T + 2): 1 Offline investors shall, in accordance with the preliminary placement results of the announcement of initial public offering of shares by New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. and initial placement results of offline issuance listed on GEM (hereinafter referred to as the announcement of preliminary placement results offline) and the subscription capital payment requirements of the issuance announcement, according to the finally determined issuance price and allocated quantity before 16:00 on April 11, 2022 (T + 2), Pay the subscription funds for new shares in full and on time. 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.
If the investor has the obligation to pay the subscription funds for the initial public offering of shares on the gem on the date of the announcement of successful subscription of shares on the Internet and the announcement of successful subscription of shares on the Internet, it shall be deemed that the investor shall give up the subscription funds for the initial public offering of shares on the date of 2022 2 after the announcement of successful subscription of shares on the gem, 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 that offline and online investors give up to subscribe for are 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 10% of the number of shares allocated to them. If it is less than 1 share, it shall be rounded up. The sales restriction period 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 unlocked and can be circulated from the date when the shares issued this time are listed and traded on the Shenzhen Stock Exchange; The lock-in period of 10% of the shares is 6 months, and the lock-in 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 lock-in period arrangement for the placement object under their management. Once the quotation is made, it is deemed to accept the offline lock-in period arrangement disclosed in this announcement.
In terms of strategic placement, the senior management and core employees of the issuer participate in the special asset management plan established by this strategic placement, and the restricted period of the allocated shares is 12 months. The restricted period of the allocated shares of the relevant subsidiaries of the sponsor is 24 months. The restricted period starts from the date when the shares of this public development bank are listed on the Shenzhen Stock Exchange.
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, 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 in the stock markets of Beijing stock exchange, Shanghai Stock Exchange and Shenzhen Stock Exchange shall be calculated together. During the period of inquiry and allotment of shares by the Shenzhen Stock Exchange, they shall not be listed in the list of relevant items of the Shanghai Stock Exchange.
5. Once this announcement is published, it shall be deemed to have served the notice of allocation and payment to the online investors who have participated in the online subscription and won the lot and the offline investors who have participated in the offline subscription.
1、 Final result of strategic placement (I) participants
The issuing price of this offering exceeds 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 to participate in the follow-up investment.
According to the final issue price, the final number of strategic placement shares in the special asset management plan for senior managers and core employees of the issuer is 3678077 million shares, accounting for 5.94% of the number of shares issued this time. The final number of strategic placement shares of relevant subsidiaries of the sponsor was 2913328 million shares, accounting for 4.70% of the number of shares issued this time. The total number of final strategic placement is 6591405 shares, accounting for 10.65% of the number of this issuance. The difference between the initial strategic placement and the final strategic placement is 2696595 shares, which are transferred back to offline issuance.
As of the date of issuance of this announcement, the special asset management plan for the senior management and core employees of the issuer and the relevant subsidiaries of the sponsor have signed a placement agreement with the issuer, See the special verification report of Minsheng Securities Co., Ltd. on strategic investors of New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. and the legal opinion of Beijing Weiming law firm on verification of strategic investors of New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. in initial public offering and listing on GEM announced on April 6 (t-1) 2022. (II) matching results
As of March 30, 2022 (T-4), 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 strategic investors, the strategic placement results of this issuance are determined as follows:
Serial no. Name of strategic investor allocated quantity (shares) allocated amount (yuan) sales restriction period (month)
1 special information management plan of Xinte electric 36780775049999721 12
2 Minsheng investment 29133283999999344 24
Total 65914059049999065
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]), 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 (SZS [2021] No. 919)
Detailed rules for the implementation of offline issuance of initial public offering in Shenzhen market (revised in 2020) (Shenzhen Stock Exchange) (I)
[2020] No. 483), code for underwriting of initial public offerings under the registration system (Zhong Zheng Xie Fa [2020] No. 213)
No.), management rules for offline investors of initial public offering under the registration system (China Securities Association [2021]
No. 212) and other relevant regulations, the recommendation institution (lead underwriter) shall review the qualification of investors participating in offline subscription
Verified and confirmed. According to the effective subscription results finally received by the offline issuance electronic platform of Shenzhen Stock Exchange, the sponsor
The organization (lead underwriter) makes the following statistics:
The offline subscription of this offering has been completed on April 7, 2022 (t day). After verification and confirmation,
The 5694 effective placing objects managed by 278 offline investors disclosed in the issuance announcement are all in accordance with the issuance notice
According to the requirements of the bank's announcement, it participated in offline subscription, of which 6 placing objects managed by 3 offline investors belong to
Restricted names in the announcement on the abnormal list of the first batch of offline investors in 2022 issued by China Securities Association
Single, so its subscription is invalid, and the subscription will be eliminated. The number of offline subscription shares is 66.3 million; The remaining 275 networks
The 5688 placing objects managed by offline investors are effective subscription, and the number of offline subscription shares is 7679270 million.
The list of invalid subscription investors is as follows:
Name of investor under order network name of placing object proposed purchase price proposed purchase quantity
No. (yuan / share) (10000 shares)
1 Shanghai Liwei Investment Management Co., Ltd. Liwei Fuxing No. 15 private placement 13.73 530
securities investment funds
Beijing Chengquan Capital Management Co., Ltd
2 Beijing Chengquan Capital Management Co., Ltd. - Xinfeng No. 1 private placement 13.73 710
securities investment funds
3 Beijing Chengquan Capital Management Co., Ltd. Yulin No. 1 private securities investment 13.73 890
Endowment Fund
4 Shanghai Baoyin Private Equity Fund Management Co., Ltd. Baoyin long and short steady No. 2 private 13.73 1
