New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd
Sponsor (lead underwriter) for announcement of IPO and gem listing results:
New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd.'s application 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 to register 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".
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 the market value of non restricted A-Shares and non restricted depositary receipts in Shenzhen market (hereinafter referred to as "online issuance").
The issuer negotiated with the sponsor to determine that the issuing price of the shares is 13.73 yuan / share, and the number of shares issued is 61.92 million. There is no transfer of old shares in this issuance, and all shares issued are new shares. The issuing price of this offering exceeds the median and weighted average of the offline investors' quotation after excluding the highest quotation, as well as the securities investment fund, national social security fund, basic endowment insurance fund established through public offering after excluding the highest quotation, the enterprise annuity fund established in accordance with the measures for the Administration of enterprise annuity fund and the median of insurance fund quotation in accordance with the measures for the administration of the use of insurance funds The weighted average (hereinafter referred to as the "four values") is the lower one, so the relevant subsidiaries of the sponsor need to participate in follow-up investment.
The initial strategic placement of this issuance is 9.288 million shares, accounting for 15.00% of the issuance. According to the final 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.
The online and offline subscription and payment work of this offering has been completed on April 11, 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, the sponsor (lead underwriter) made statistics on the subscription of new shares issued online and offline. The results are as follows:
(I) strategic placement
The issue price exceeds the lower of the median and weighted average of offline investors' quotation after excluding the highest quotation and the median and weighted average of public offering products, pensions, social security funds, 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.
The strategic placement of this offering consists of the special asset management plan of the issuer's senior managers and core employees and the follow-up investment of relevant subsidiaries of the sponsor.
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 investment 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
(II) online subscription of new shares
According to the data provided by Shenzhen Stock Exchange, the sponsor (lead underwriter) made statistics on the subscription of new shares issued online this time, and the results are as follows:
1. Number of shares subscribed by online investors (shares): 26697795
2. Subscription amount paid by online investors (yuan): 36656072535
3. Number of online investors giving up subscription (shares): 157705
4. Subscription amount waived by online investors (yuan): 216528965
(III) offline subscription of new shares
1. Number of shares subscribed by offline investors (shares): 28473095
2. Subscription amount paid by offline investors (yuan): 39093559435
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 whose offline proportion is restricted for six months is 2849804, accounting for 10.01% of the total offline issuance and 4.60% 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) is 157705, the underwriting amount is 216528965 yuan, and the underwriting proportion of the sponsor (lead underwriter) is 0.2547%.
On April 13, 2022 (T + 4), the recommendation institution (lead underwriter) transferred the remaining underwriting funds to the issuer together with the strategic investors and the funds raised by online and offline issuance after deducting the recommendation and underwriting fee. The issuer will submit an application for share registration to China Securities Depository and Clearing Co., Ltd. Shenzhen Branch and register the underwritten shares to the securities account designated by the sponsor (lead underwriter).
4、 Contact information of underwriter (lead underwriter)
If the above 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:
Tel: 01085127979
Contact: capital market department
Issuer: New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. sponsor (lead underwriter): Minsheng Securities Co., Ltd. April 13, 2022
