Hangzhou Jingye Intelligent Technology Co., Ltd
Initial public offering and listing on the science and Innovation Board
Issuance arrangement and preliminary inquiry announcement
Sponsor (lead underwriter): Citic Securities Company Limited(600030)
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Important tips
Hangzhou Jingye Intelligent Technology Co., Ltd. (hereinafter referred to as “Jingye intelligent”, “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” or “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 classification, evaluation and management of offline investors in initial public offerings under the registration system (zxsf [2021] No. 212), etc, And the relevant provisions of the Shanghai Stock Exchange on stock issuance and listing rules and the latest operating guidelines, such as initial public offering of shares and listing on the science and innovation board.
Citic Securities Company Limited(600030) (hereinafter referred to as ” Citic Securities Company Limited(600030) ,” lead underwriter “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 sponsor (lead underwriter) Citic Securities Company Limited(600030) is responsible for organizing and implementing the strategic placement, preliminary inquiry and online and offline issuance of this offering. The strategic placement of this offering is carried out at the sponsor (lead underwriter). The preliminary inquiry and offline subscription are carried out through the IPO offline subscription electronic platform of Shanghai Stock Exchange (hereinafter referred to as “offline subscription platform”), and the online issuance is carried out through the trading system of Shanghai Stock Exchange. Please 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 Hangzhou Jingye intelligent technology securities, which is abbreviated as Jingye intelligent
limited company
Securities code / offline subscription 688290 online subscription code 787290
code
Offline subscription referred to as Jingye intelligent online subscription referred to as Jingye subscription
Industry name special equipment manufacturing industry industry code C35
Basic information of this offering
Issuance method this issuance adopts the combination of strategic placement, offline issuance and 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 (10000 shares) 61.80 million; number of shares to be issued (10000 shares) 20.60 million
Shares)
Estimated number of new shares issued 206000 estimated number of old shares transferred-
(10000 shares) (10000 shares)
Total share capital after issuance (ten thousand shares to be issued)
25.00) proportion of total share capital after 824000
（%）
Initial online issuance: 525.30 initial offline issuance: 122570
(10000 shares) (10000 shares)
Each proposed offline subscription is 600.00, and each proposed offline subscription is 100.00
Upper limit (10000 shares) lower limit (10000 shares)
The number of initial strategic placements is 309.00, accounting for 15.00 of the proposed initial strategic placements
(10000 shares) issued quantity ratio (%)
Special for senior executives and core employees of relevant subsidiaries of the recommendation institution
Initial follow-up shares of the company (1.03 million shares subscribed by asset management plan / 2.06 million shares)/
Maximum amount (10000 shares / 10000 shares) 82.4 million yuan
(yuan)
Is there any other strategic allocation? Is there a brokerage commission of 0.50 for the placement of new shares
Selling arrangement rate (%)
Important date of this issuance
Preliminary inquiry date and starting and ending April 14, 2022 issue announcement publication date April 18, 2022
Time (09:30-15:00)
Offline Subscription Date and from to April 19, 2022 online subscription date and from to April 19, 2022
Time (09:30-15:00) time (09:30-11:30,13:00 – 15:00)
Offline payment date and deadline: April 21, 2022 online payment date and deadline: April 21, 2022 end at 16:00
Note: none (if there are unprofitable, special voting rights, CDR, over allotment option, special par value, etc., please indicate here)
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 at the China Securities Association before 12:00 noon on April 13 (T-4), 2022, and through the sponsor (lead underwriter) CITIC Securities IPO offline investor qualification verification system (website: https://www.citics.com./ipo/login/index.html ）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 initial inquiry of this offering without meeting the relevant standards must 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 announcement of Hangzhou Jingye Intelligent Technology Co., Ltd. on initial public offering of shares and listing on the science and Innovation Board (hereinafter referred to as the “issuance announcement”).
2. Requirements for offline investors to submit pricing basis and suggested price or price range: offline investors must submit the 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 (April 13, 2022, T-4) or 06:00-09:30 on the preliminary inquiry day (April 14, 2022, T-3). The research report shall not exceed the price range suggested by the investors on or off the intranet. 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 (April 7, 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 April 7, 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 underwriting order of new shares issued by 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. The details are as follows: (1) for the same IPO issued by the science and innovation board, the offline subscription platform can record at most two preliminary inquiry and quotation records submitted by the same offline investors. 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 submitted contents and archived materials for future reference will serve as an important basis for the subsequent regulatory authorities to verify the offline investors’ quotation decision and relevant internal control systems.
5. Upper limit of offline subscription: the upper limit of the number of subscription shares for each placement object in this offline issuance is 6 million shares, accounting for about 48.95% 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) shall quote all qualified placing objects from high to low according to the proposed purchase price according to the preliminary inquiry results after eliminating the quotations of unqualified investors
