Yidong Electronic Technology Co., Ltd
Initial public offering and listing on GEM
Online roadshow announcement
Sponsor (lead underwriter): China Merchants Securities Co.Ltd(600999)
The application of Yidong Electronic Technology Co., Ltd. (hereinafter referred to as “Yidong Electronics”, “issuer” or “company”) for initial public offering of RMB common shares (A shares) (hereinafter referred to as “this offering”) has been examined and approved by the GEM Listing Committee of Shenzhen Stock Exchange, It has been registered and decided by China Securities Regulatory Commission (hereinafter referred to as “CSRC”) (zjxk [2021] No. 3938).
This offering is conducted by the 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 and the recommendation institution (lead underwriter) China Merchants Securities Co.Ltd(600999) (hereinafter referred to as “recommendation institution (lead underwriter)” or ” China Merchants Securities Co.Ltd(600999) “) will directly determine the issuance price through offline preliminary inquiry, and offline cumulative bidding inquiry will not be conducted.
It is proposed to issue 58.4 million new shares, accounting for 25.00% of the total share capital of the company after the issuance. The initial number of strategic placement issued in this offering was 8.76 million shares, accounting for 15.00% of the issued number. Among them, the number of senior managers and core employees of the issuer participating in the special asset management plan established by this strategic placement shall not exceed 10.00%, that is, not more than 5.84 million shares, and the subscription amount shall not exceed 159.9 million yuan; Relevant subsidiaries of the sponsor (if the offering price exceeds the median and weighted average of offline investors’ quotations after excluding the highest quotation, as well as the securities investment fund, national social security fund, basic old-age insurance fund established through public offering after excluding the highest quotation, enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund and According to the measures for the administration of the use of insurance funds and other regulations, the lower is the median or weighted average of the insurance fund quotation. The relevant subsidiaries of the recommendation institution will participate in the strategic placement of this issuance in accordance with relevant regulations. The initial issuance quantity is 2.92 million shares, accounting for 5.00% of the issuance quantity, The difference between the final strategic placement quantity and the initial strategic placement quantity of the strategic placement investor is transferred back to the offline issuance.
Before the launch of the callback mechanism, the initial number of offline shares was 34.748 million, accounting for 70.00% of the number issued after deducting the initial strategic placement; The initial number of shares issued online was 14892000, accounting for 30.00% of the number issued after deducting the initial 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 offline and online issuance quantity will be determined according to the call back situation. The final offline and online issuance quantity and strategic placement will be specified in the announcement on the initial public offering of shares by Yidong Electronic Technology Co., Ltd. and the preliminary placement results of offline issuance listed on the gem published on January 14, 2022 (T + 2).
In order to facilitate investors to understand the relevant situation and development prospect of the issuer and the relevant arrangements for subscription of this issuance, the issuer and the sponsor (lead underwriter) will hold an online roadshow on this issuance. Please pay attention to it.
1. Online roadshow time: 14:00-17:00 on January 11, 2022 (Tuesday, t-1);
2. Online roadshow website: Panoramic Roadshow（ http://rs.p5w.net. ）China Securities roadshow Center（ http://www.cs.com.cn./roadshow ）；
3. Participants: key members of the issuer’s management and relevant personnel of the sponsor (lead underwriter). The full text of the prospectus and relevant materials for this offering can be found on the website designated by the CSRC (cninfo, www.cn. Info. Com. CN; CSI, www.cs. Com. CN; China Securities, www.cn. Stock. Com; securities times, www.stcn.com; and Securities Daily, www.zqrb. CN; economic reference, www.jjckb. CN; China financial news, www.financialnews. Com. CN.) Consult.
Please pay attention to it.
Issuer: sponsor (lead underwriter) of Yidong Electronic Technology Co., Ltd.: China Merchants Securities Co.Ltd(600999) January 10, 2022 (there is no text on this page, which is the online roadshow announcement of Yidong Electronic Technology Co., Ltd. on initial public offering and listing on GEM) (seal page)
Issuer: Yidong Electronic Technology Co., Ltd. (this page has no text and is the seal page of the online roadshow announcement of Yidong Electronic Technology Co., Ltd. on initial public offering and listing on the GEM)
Sponsor (lead underwriter): China Merchants Securities Co.Ltd(600999) mm / DD / yy
