Beijing Jingwei Hengrun Technology Co., Ltd
Initial public offering and listing on the science and Innovation Board
Announcement of offline preliminary placement results and online Winning Results
Sponsor (lead underwriter): Citic Securities Company Limited(600030)
Co lead underwriter: Huaxing Securities Co., Ltd
hot tip
The application of Beijing Jingwei Hengrun Technology Co., Ltd. (hereinafter referred to as the "issuer") for initial public offering of RMB common shares (A shares) and listing on the science and Innovation Board (hereinafter referred to as the "issuance") was reviewed and approved by the stock listing committee of the science and innovation board of Shanghai Stock Exchange (hereinafter referred to as the "Shanghai Stock Exchange") on November 29, 2021, It has been approved to register by China Securities Regulatory Commission (hereinafter referred to as "CSRC") (zjxk [2022] No. 301 document).
Citic Securities Company Limited(600030) (hereinafter referred to as " Citic Securities Company Limited(600030) " or "sponsor (lead underwriter)") serves as the sponsor (lead underwriter) of this offering, and Huaxing Securities Co., Ltd. (hereinafter referred to as "Huaxing securities") serves as the joint lead underwriter of this offering ( Citic Securities Company Limited(600030) and Huaxing securities hereinafter collectively referred to as "joint lead underwriter").
This offering is conducted 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 non restricted depositary receipts market value in Shanghai market (hereinafter referred to as "online issuance").
The issuer and the joint lead underwriters negotiated and determined that the number of shares issued this time is 30 million shares. The initial number of strategic placement is 6 million shares, accounting for 20.00% of the number of shares issued this time. The subscription funds promised by the strategic placement investors and the brokerage commission for the placement of new shares have been fully remitted to the bank account designated by the joint lead underwriters within the specified time. The final number of strategic placement determined according to the issue price is 5326446 million shares, accounting for about 17.75% of the number of shares issued this time, The difference between the initial strategic placement and the final strategic placement of 67355400 shares will be transferred back to offline issuance.
After the callback of strategic placement and before the launch of offline online callback mechanism, the number of shares issued offline was 17473554, accounting for about 70.82% of the number issued after deducting the final number of strategic placement; The number of shares issued online is 7.2 million, accounting for about 29.18% of the number issued after deducting the final strategic placement. The total quantity of final offline and online issuance is the total quantity of this issuance minus the final strategic placement quantity. The final quantity of online and offline issuance will be determined according to the callback situation.
The issue price is 121.00 yuan / share. The issuer initially issued 7.2 million "Jingwei Hengrun" A shares through the online pricing of the trading system of Shanghai Stock Exchange on April 7, 2022 (t day).
According to the call back mechanism announced in the announcement on the IPO arrangement and preliminary inquiry of Beijing Jingwei Hengrun Technology Co., Ltd. and the announcement on the IPO and listing of Beijing Jingwei Hengrun Technology Co., Ltd. on the science and Innovation Board (hereinafter referred to as the "announcement on the issuance arrangement and preliminary inquiry") and the announcement on the IPO and listing of Beijing Jingwei Hengrun Technology Co., Ltd. on the science and Innovation Board (hereinafter referred to as the "announcement on the issuance"), Since the initial effective subscription multiple on the Internet is about 346470 times, higher than 100 times, the issuer and the joint lead underwriters decided to start the callback mechanism, and 10% (rounded up to an integral multiple of 500 shares, i.e. 2467500 shares) of the number of shares in the public offering after deducting the final strategic placement will be withdrawn from the Internet to the Internet. After the callback mechanism was launched, the final number of offline shares issued was 15006054 million, accounting for about 60.82% of the number issued after deducting the final strategic placement; The final number of shares issued online was 9.6675 million, accounting for about 39.18% of the number issued after deducting the final strategic placement. After the callback mechanism was launched, the final winning rate of online issuance was 003875391%.
Investors are kindly requested to focus on the payment process of this offering and fulfill their payment obligations on April 11, 2022 (T + 2):
1. Offline allocated investors shall timely and fully pay the new share subscription funds and the corresponding new share placement brokerage commission (rounded to the nearest cent) in accordance with this announcement. Offline allocated investors shall transfer the corresponding new share placement brokerage commission when paying the new share subscription funds. The funds shall arrive before 16:00 on April 11 (t + 2) 2022. Offline investors are allocated multiple new shares on the same day, so they must pay separately for each new share. In the case of multiple new shares allocated on the same day, if only one total amount is remitted, the consolidated payment will lead to the failure of accounting, and the resulting consequences shall be borne by the investors themselves.
The brokerage commission rate for the placement of new shares by offline investors participating in this offering is 0.5%. The amount of brokerage commission for placing new shares of the placing object = the final amount allocated to the placing object × 0.5% (rounded to the nearest cent).
After online investors win the bid for new shares, they shall fulfill the obligation of capital delivery in accordance with this announcement to ensure that their capital account will have sufficient capital for new shares on April 11 (T + 2) 2022. The insufficient part shall be deemed to give 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 of this offering that are abandoned due to the insufficient payment of subscription funds by offline and online investors shall be underwritten by the joint lead underwriters.
2. For offline issuance, securities investment funds and other partial share asset management products established by public offering (hereinafter referred to as "public offering products"), National Social Security Fund (hereinafter referred to as "social security fund"), basic endowment insurance fund (hereinafter referred to as "pension"), enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund (hereinafter referred to as "enterprise annuity fund") Among the placement objects such as insurance funds (hereinafter referred to as "insurance funds") and QFII funds that meet the relevant provisions of the measures for the administration of the use of insurance funds and other relevant provisions, 10% of the accounts (rounded up) shall promise to obtain the shares for this placement, and the sales restriction period is 6 months from the date of the issuer's initial public offering and listing, The aforesaid placing target account will be determined by lottery on April 12, 2022 (T + 3) (hereinafter referred to as "offline placing lottery"). The shares allocated to the placement target account managed by offline investors who have not been selected have no circulation restrictions and restricted sales arrangements, and can be circulated from the date when the shares issued this time are listed and traded on the Shanghai Stock Exchange. The online placement lottery adopts the method of allocating numbers according to the allocated objects, and the numbers are allocated according to the number of households finally allocated to offline investors. Each allocated object is allocated a number. According to the offline investor commitment letter signed by all investors of this offline offering through the offline Investor Service System of Citic Securities Company Limited(600030) IPO project, once the offline investor makes a quotation, it is deemed to accept the online lower selling period arrangement of this offering.
Participate in the initial inquiry of this offering and finally obtain the public offering products, pensions, social security funds, enterprise annuity funds, insurance funds and qualified foreign institutional investor funds placed offline. It is promised that if the account of the placing object managed by it is selected in the lottery stage of online placing, the holding period of the allocated shares of the placing object is 6 months from the date of the issuer's initial public offering and listing.
3. When the total number of shares paid and subscribed by offline and online investors is less than 70% of the number of shares issued after deducting the final strategic placement, the issuer and the joint lead underwriter will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements.
4. Offline and online investors shall pay the subscription funds in full and on time after obtaining the distribution. Investors who provide valid quotation but fail to participate in the subscription or participate in the subscription in full, fail to pay the subscription capital and the corresponding brokerage commission for the placement of new shares in time and in full after obtaining the preliminary placement, and commit other acts in violation of the detailed rules for the administration of offline investors in the initial public offering of shares on the science and Innovation Board will be deemed to be in violation of the regulations and shall bear the responsibility for the violations. The joint lead underwriters will report the violations to the China Securities Association for the record. 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 online purchase 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 Shanghai 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. This announcement discloses the preliminary placement results of this offline offering, including the name of the offline investor, the name of the placing object, the code of the placing object, the number of subscriptions, the number of preliminary placing, the amount allocated, the brokerage commission for the placement of new shares and the total amount of contributions payable, And the information of offline investors who provide effective quotation during the preliminary inquiry but do not participate in offline subscription or the actual number of subscriptions is less than the number of proposed subscriptions. According to the issuance announcement published on April 6, 2022 (t-1), once published, this announcement is deemed to have served the distribution payment notice to the online investors who have participated in the online subscription and won the lot and all the placing objects who have obtained the placement of offline issuance. 1、 Final result of strategic placement
(I) participants
In this offering, the selection of strategic placement investors is comprehensively determined after considering the guidelines for the application of the issuance and underwriting rules of 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"), investor qualifications and market conditions, mainly including:
Serial number name type of strategic investor
1. Nanfang Industrial Asset Management Co., Ltd. is a large enterprise with strategic cooperation vision in business with the issuer
2 a subsidiary of Hefei Weihao Semiconductor Technology Co., Ltd
Citic Securities Company Limited(600030) Jingwei Hengrun employees participate in scientific innovation
3 board strategic placement No. 1 collective asset management plan
Row
Citic Securities Company Limited(600030) Jingwei Hengrun employees participate in scientific innovation
4 board strategic placement No. 2 collective asset management plan
The senior management and key employees of the issuer participated in this strategy
Citic Securities Company Limited(600030) Jingwei Hengrun employees participate in the special asset management plan established by the placement of science and technology innovation
5 board strategic placement No. 3 collective asset management plan
Row
Citic Securities Company Limited(600030) Jingwei Hengrun employees participate in scientific innovation
6 board strategic placement No. 4 collective asset management plan
Row
7. Relevant subsidiaries of the sponsor of Citic Securities Company Limited(600030) Investment Co., Ltd
For the verification of this strategic investor, please refer to the special verification report of Citic Securities Company Limited(600030) , Huaxing Securities Co., Ltd. on the strategic investor of Beijing Jingwei Hengrun Technology Co., Ltd. in the initial public offering of shares and the verification report of Beijing Deheng Law Firm on the strategic investor of Beijing Jingwei Hengrun Technology Co., Ltd. in the initial public offering of shares and listing on the science and Innovation Board announced on April 6, 2022 (t-1)
Legal opinion on matters.
(II) matching results
According to the preliminary inquiry results, the issuer and the joint lead underwriters negotiated and determined that the offering price is 121.00
Yuan / share, the number of shares issued this time is 30 million, and the total scale of this issuance is 3630 million yuan.
According to the underwriting guidelines, the offering scale is more than 2 billion yuan and less than 5 billion yuan, and the sponsor
The follow-up investment ratio of China Securities Investment in relevant subsidiaries is 3% of the scale of this issuance, but it does not exceed RMB 100 million.
CSI has fully paid the subscription fund for strategic placement, and 826446 shares have been allocated this time.
Jingwei Hengrun No. 1 employee asset management plan, Jingwei Hengrun No. 2 employee asset management plan, Jingwei Hengrun No. 3 employee
The salary management plan and Jingwei Hengrun No. 4 employee information management plan have paid the strategic placement subscription fund and corresponding funds in full
The brokerage commission for the placement of new shares totaled 459878 million yuan, and a total of 3000000 shares were allocated this time.
Other strategic investors have fully paid the subscription funds for strategic placement and the corresponding brokerage commission for strategic placement
The total amount is 200 million yuan, and 1500000 shares are allocated this time.
If the initial payment amount of strategic investors exceeds the amount corresponding to the final number of allocated shares, they shall jointly bear the excess amount
The distributor will return the payment according to the original path before April 13, 2022 (T + 4).
To sum up, the final situation of the strategic placement of this issuance is as follows:
Number of allocated shares
The proportion of the number of shares allotted to strategic investors in the number of shares allotted at the beginning of this time to the number of new shares allotted at the beginning of the so-called type (shares) (yuan) and the total amount of Commission (yuan) (month) (yuan)
（%）
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