Xiamen Jiarong Technology Co., Ltd
Announcement of IPO results and listing on GEM
Sponsor (lead underwriter): Anxin Securities Co., Ltd
The application of Xiamen Jiarong Technology Co., Ltd. (hereinafter referred to as "Jiarong technology" or "issuer") for initial public offering of RMB common shares (A shares) and listing on the gem (hereinafter referred to as "this offering") has been examined and approved by the GEM Listing Committee of Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange"), and has been approved for registration by the China Securities Regulatory Commission (CSRC license [2022] No. 499). The sponsor (lead underwriter) of this offering is Anxin Securities Co., Ltd. (hereinafter referred to as "Anxin securities" or "sponsor (lead underwriter)"). The issuer's stock is referred to as "Jiarong technology" for short, and the stock code is "301148".
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 (lead underwriter) and determined that the price of this stock issue is 38.39 yuan / share, and the number of shares issued is 29.13 million, all of which are new shares without transfer of old shares.
The issuing price of this offering shall not exceed 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 established in accordance with the measures for the administration of enterprise annuity fund (hereinafter referred to as "enterprise annuity fund") and the insurance fund quotation median and weighted average in accordance with the measures for the administration of the use of insurance funds, etc., whichever is lower, so the relevant subsidiary of the sponsor, Anxin Securities Investment Co., Ltd. (hereinafter referred to as "Anxin investment") does not participate in the strategic placement of this offering.
The strategic placement of this offering consists of the special asset management plan established by the issuer's senior managers and core employees participating in the strategic placement (Anxin asset management Jiarong technical executives participating in the gem strategic placement collective asset management plan, hereinafter referred to as the "asset management plan") and the military civilian integrated development industry Investment Fund (limited partnership) (hereinafter referred to as the "development fund"). Among them, the number of shares subscribed by the asset management plan is 1501693, and the subscription amount is 5764999427 yuan, accounting for about 5.16% of the number of shares issued this time; The subscription amount of the development fund is 2604845 shares, and the subscription amount is 999999955 yuan, accounting for about 8.94% of the issuance amount. The final strategic placement number of this issuance is 4106538 shares, accounting for about 14.10% of this issuance. The difference between the initial number of strategic placements and the final number of strategic placements was 1719462 million shares, which were transferred back to offline issuance.
After the strategic placement callback and before the online and offline callback mechanism was launched, the initial number of offline shares was 1803246200, accounting for about 72.06% of the number of shares issued this time after deducting the strategic placement; The initial number of shares issued online was 6.991 million, accounting for about 27.94% of the number of shares issued this time after deducting the number of strategic placements. According to the callback mechanism announced in the announcement of Xiamen Jiarong Technology Co., Ltd. initial public offering and listing on the gem, the issuer and the sponsor (lead underwriter) decided to start the callback mechanism because the initial effective subscription multiple on the Internet was 838879981 times, higher than 100 times, After deducting the final strategic placement, 20% of the number of new shares issued this time (rounded up to an integral multiple of 500 shares, i.e. 5.05 million shares) will be transferred back to the Internet. After the call back, the final number of shares issued offline is 1302746200, accounting for 52.06% of the number of shares issued this time after deducting the final strategic placement, accounting for 44.72% of the total number of shares issued this time; The final number of shares issued online was 11.996 million, accounting for about 47.94% of the number of shares issued this time after deducting the final strategic placement, accounting for about 41.18% of the total number of shares issued this time. After the call back, the winning rate of this online pricing issuance is Ningbo Huaxiang Electronic Co.Ltd(002048) 983%, and the effective subscription multiple is 488880456 times.
The online and offline subscription and payment work of this offering has been completed on April 14, 2022 (T + 2). The details are as follows: I. 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 issuing price of this offering does not exceed the lower of the median and weighted average of the offline investors' quotation after excluding the highest quotation and the median and weighted average of the quotation of public funds, pensions, social security funds, enterprise annuity funds and insurance funds after excluding the highest quotation. Therefore, Anxin investment will not participate in the strategic placement of this offering.
According to the final issue price, the final strategic placement shares of the asset management plan are 1501693 shares, accounting for about 5.16% of the number of shares issued this time; The final number of strategic placement shares of the development fund was 2604845 shares, accounting for about 8.94% of the number of shares issued this time.
To sum up, the strategic placement of this issuance is composed of asset management plan and development fund. The final number of strategic placement is 4106538 shares, accounting for about 14.10% of this issuance. The difference between the initial number of strategic placements and the final number of strategic placements was 1719462 million shares, which were transferred back to offline issuance.
As of April 6, 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 the strategic investors, the strategic placement results of this issuance are determined as follows:
Serial number name of strategic investor number of allocated shares (10000 shares) amount allocated (yuan) sales restriction period (month)
12 (within the base year of military civilian integrated development industry investment after the end of the sales restriction period, the total amount of stock 1 gold (limited partnership) reduced by it is 2604845999999955, which does not exceed 30% of the amount allocated this time)
Senior technical officer of Anxin asset management Jiarong
2. Set capital for strategic placement with gem 15016935764999427 12
Production management plan
Total 41065381576499382-
(II) online subscription of new shares
1. Number of shares subscribed by online investors (shares): 11128498
2. Subscription amount paid by online investors (yuan): 42722303822
3. Number of shares not fully paid (shares): 867502
4. Amount not paid in full (yuan): 3330340178
(III) offline subscription of new shares
1. Number of shares subscribed by offline investors (shares): 13027462
2. Subscription amount paid by offline investors (yuan): 50012426618
3. Number of offline investors giving up subscription (shares): 0
4. Subscription amount abandoned by offline investors (yuan): 0.00
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 6 months is 1305732 shares, accounting for about 10.02% of the total offline issuance and 4.48% of the total public offering.
3、 Underwriting by the recommendation institution (lead underwriter)
All the shares that online and offline investors give up subscription are underwritten by the sponsor (lead underwriter). The number of shares underwritten by the sponsor (lead underwriter) is 867502, and the underwriting amount is 3330340178 yuan. The underwriting proportion of the recommendation institution (lead underwriter) is about 2.98%.
On April 18, 2022 (T + 4), the recommendation institution (lead underwriter) transferred the underwriting funds, subscription funds of strategic investors and subscription funds paid by online and offline investors to the issuer after deducting the recommendation underwriting fee. The issuer submitted an application for share registration to China Securities Depository and Clearing Co., Ltd. Shenzhen Branch and registered the underwriting shares to the securities account designated by the recommendation institution (lead underwriter).
4、 Contact information of sponsor (lead underwriter)
If online and offline 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:
Contact: capital market department
Tel: 02135082551, 01083321320, 075583218814
Issuer: Xiamen Jiarong Technology Co., Ltd. sponsor (lead underwriter): Anxin Securities Co., Ltd. April 18, 2022
