Anhui wanlang magnetic plastic Co., Ltd
IPO announcement
Sponsor (lead underwriter): Guoyuan Securities Company Limited(000728)
hot tip
Anhui wanlang magnetoplastics Co., Ltd. (hereinafter referred to as "wanlang magnetoplastics", "issuer" or "company") in accordance with the measures for the administration of securities issuance and underwriting (CSRC order [No. 144] (hereinafter referred to as "the measures"), the measures for the administration of initial public offering and listing (CSRC order [No. 173]) Code for underwriting business of initial public offering (zxsf [2018] No. 142) (hereinafter referred to as "business code"), rules for placing of initial public offering (zxsf [2018] No. 142) (hereinafter referred to as "rules for placing") Detailed rules for the administration of offline investors in initial public offering of shares (zzxf [2018] No. 142) (hereinafter referred to as "detailed rules for the administration of investors") Detailed rules for the implementation of online IPO in Shanghai market (SZF [2018] No. 40) (hereinafter referred to as "detailed rules for the implementation of online IPO") and detailed rules for the implementation of offline IPO in Shanghai market (SZF [2018] No. 41) (hereinafter referred to as "detailed rules for the implementation of offline IPO") Organize the implementation of initial public offering of shares in accordance with relevant regulations.
The offline subscription of this issuance is conducted through the offline electronic subscription platform of Shanghai Stock Exchange (hereinafter referred to as the "subscription platform") and the registration and settlement platform of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as "China Clearing") Shanghai Branch. Offline investors are requested to carefully read this announcement and the implementation rules for offline issuance. Online issuance is conducted through the trading system of Shanghai Stock Exchange. Investors are requested to carefully read this announcement and the detailed rules for the implementation of online issuance.
Major changes have taken place in the issuance process, online and offline subscription, payment and disposal of share abandonment. Please pay attention to the main changes as follows:
1. According to the preliminary inquiry results, the issuer and Guoyuan Securities Company Limited(000728) (hereinafter referred to as " Guoyuan Securities Company Limited(000728) " or "sponsor (lead underwriter)") negotiated and determined that the offering price is 34.19 yuan / share, taking into account the issuer's fundamentals, valuation level of comparable companies, industry, market conditions, demand for raised funds, underwriting risk and other factors, Cumulative bid inquiry will not be conducted for offline issuance.
Investors are requested to purchase online and offline at this price on January 13, 2022 (t day)
There is no need to pay the subscription fund. The offline issuance and Subscription Date and the online subscription date are the same as January 13, 2022 (t day), in which the offline subscription time is 9:30-15:00, and the online subscription time is 9:30-11:30, 13:00-15:00.
2. After the preliminary inquiry, the issuer and the recommendation institution (lead underwriter) shall, according to the inquiry results after excluding invalid quotations, quote all placing objects from high to low according to the subscription price, and from small to large according to the proposed subscription quantity of placing objects at the same subscription price For the same purchase price and the same proposed purchase quantity, the order shall be from the last to the first according to the declaration time (the declaration time and declaration number displayed on the offline purchase platform of Shanghai Stock Exchange). The quantity with the highest quotation in the total amount of proposed purchase shall be excluded, and the excluded proposed purchase quantity shall not be less than 10% of the total amount of proposed purchase by offline investors. When the maximum declared price is the same as the determined issue price, the Declaration on the price can no longer be excluded, and the exclusion proportion can be less than 10%. The excluded part shall not participate in offline subscription.
3. Online investors shall independently express their purchase intention and shall not fully entrust securities companies to purchase new shares on their behalf.
4. Offline investors shall, according to the announcement on offline preliminary placement results and online winning results of initial public offering of shares by Anhui wanlang Magnetic Plastics Co., Ltd. (hereinafter referred to as "announcement on offline preliminary placement results and online winning results"), according to the finally determined issuance price and allocated quantity before 16:00 on January 17 (T + 2) 2022, Pay the subscription funds for new shares in full and on time. Offline investors are allocated multiple new shares every day. Please pay for each new share separately. 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 accounting failure, and the resulting consequences shall be borne by the investors themselves.
After winning the subscription of new shares, online investors shall perform the obligation of capital settlement according to the announcement of offline preliminary placement results and online winning results, so as to ensure that their capital account will have sufficient new share subscription funds on January 17 (T + 2) 2022. The transfer of investors' funds shall comply with the relevant provisions of the securities company where the investors are located. The shares that offline and online investors give up to subscribe for shall be underwritten by the sponsor (lead underwriter).
5. When the total number of shares subscribed by offline and online investors is less than 70% of the number of public offerings, the issuer and the sponsor (lead underwriter) will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements. See "VI. suspension of issuance" for specific suspension terms. 6. If the offline investors with valid quotation fail to participate in the subscription or obtain the preliminary placement, and the offline investors fail to pay the subscription amount in time and in full, it will be deemed as a breach of contract and shall bear the liability for breach of contract. The recommendation institution (lead underwriter) shall report the breach of contract to the China Securities Association for the record.
If the online investor fails to make full payment after winning the lottery for 3 times in a row within 12 months, it shall not participate in the online subscription 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 of the settlement participant's latest declaration of abandonment of subscription. Important tips
1. The application of Anhui wanlang magnetic plastic Co., Ltd. for the initial public offering of no more than 20.75 million common shares (A shares) (hereinafter referred to as "this offering") has been approved by the China Securities Regulatory Commission (hereinafter referred to as "CSRC") zjxk [2021] No. 4165. The sponsor (lead underwriter) of this offering is Guoyuan Securities Company Limited(000728) . The issuer's stock is abbreviated as "wanlang magnetic plastic" with the stock code of "603150", which is also used for the preliminary inquiry and offline subscription of this issuance. The online subscription code of this issuance is "732150". According to the industry classification guidelines for listed companies (revised in 2012) issued by the CSRC, the industry of the issuer is "C29 rubber and plastic products industry".
2. This issuance is conducted by a combination of offline inquiry and placement to qualified investors (hereinafter referred to as "offline issuance") and online pricing issuance to social public investors holding non restricted A-Shares and non restricted depositary receipts in Shanghai market (hereinafter referred to as "online issuance"). The issuer and the recommendation institution (lead underwriter) will directly determine the issuance price through offline preliminary inquiry, and offline cumulative bidding inquiry will not be conducted.
The preliminary inquiry and offline issuance shall be organized and implemented by the sponsor (lead underwriter) through the offline subscription electronic platform of Shanghai Stock Exchange, and the online issuance shall be conducted through the trading system of Shanghai Stock Exchange.
3. All the shares in this public offering are new shares, and the number of shares issued is 20.75 million. The issuer's shares held by shareholders before this offering will not be publicly offered to investors at the time of this offering. The total share capital of the company after the issuance is 83 million shares, and the number of shares issued to the public accounts for about 25.00% of the total share capital after the issuance. The initial number of offline shares issued this time is 12.45 million, accounting for 60.00% of the total number of shares issued this time; The initial number of shares issued online was 8.3 million, accounting for 40.00% of the total number of shares issued this time. The number will be determined according to the online distribution.
4. The preliminary inquiry for this offering was completed on January 7, 2022. According to the preliminary inquiry results, the issuer and the recommendation institution (lead underwriter) comprehensively consider the issuer's fundamentals, valuation level of comparable companies, industry, market conditions, demand for raised funds, underwriting risk and other factors, and negotiate to determine the issuance price of 34.19 yuan / share. The price earnings ratio corresponding to this price is:
(1) 22.02 times (earnings per share shall be calculated by dividing the net profit attributable to the owner of the parent company in 2020 audited by an accounting firm before and after deducting non recurring profits and losses by the total share capital after this issuance);
(2) 16.52 times (earnings per share shall be calculated by dividing the net profit attributable to the owner of the parent company in 2020 before and after deducting non recurring profits and losses audited by an accounting firm by the total share capital before this issuance). If the offering is successful, the total amount of funds raised by the issuer is expected to be 709.4425 million yuan. After deducting the issuance expenses of 136.5158 million yuan, the net amount of funds raised is expected to be 572.9267 million yuan, which does not exceed the investment amount of 572.9267 million yuan proposed to be used by the issuer for this raised investment project disclosed in the prospectus.
5. The offline and online subscription date of this offering is January 13, 2022 (t day). Any placing object can only choose offline or online subscription.
(1) Offline subscription
The offline subscription time of this offering is 9:30-15:00 on January 13, 2022 (t day). Only those placing objects who submit valid quotations during the preliminary inquiry can participate in offline subscription. See the attached table for the list of placing objects submitting valid quotations. Placing objects that fail to submit valid quotations shall not participate in offline subscription. During the subscription time, offline investors must enter the subscription record for the effective quotation placement object managed by them on the subscription platform of Shanghai Stock Exchange. The subscription price in the subscription record is the issue price of 34.19 yuan / share, and the subscription quantity is the proposed subscription quantity declared by the effective quotation placement object during the preliminary inquiry. At the time of subscription, investors are not required to pay subscription funds.
Offline investors shall submit all the subscription records at one time after entering the subscription records for all the placing objects participating in the subscription. During the offline subscription period, offline investors can submit subscription records for many times, but all subscription records submitted last time shall prevail. All placing objects participating in the preliminary inquiry and quotation, whether or not they are "effective quotation", shall not participate in the online subscription of this issuance. If they participate in offline and online subscription at the same time, the online subscription part is invalid.
The placing object shall abide by relevant laws and regulations and relevant provisions of the CSRC in terms of subscription and shareholding, and bear corresponding legal liabilities by itself. The information related to the placing object managed by offline investors (including the full name of the placing object, the name of the securities account, the securities account number and the bank collection and payment account, etc.) shall be subject to the information registered and filed with the China Securities Association. The offline investors shall be responsible for the consequences caused by the inconsistency between the filling of the placing object information and the filing information.
The recommendation institution (lead underwriter) will check whether the investors with valid quotation and the placing objects under their management are prohibited before the placement, The investor shall cooperate accordingly according to the requirements of the sponsor (lead underwriter) (including but not limited to providing the articles of association and other industrial and commercial registration materials, arranging interviews with the actual controller, truthfully providing the list of main social relations of relevant natural persons, cooperating with the investigation of other related relationships, etc.). If the investor refuses to cooperate or the materials provided are insufficient to eliminate the existence of prohibitive circumstances, The recommendation institution (lead underwriter) will refuse to place shares with it.
(2) Online subscription
The online subscription time of this offering is: 9:30-11:30 on January 13, 2022 (t day)
13:00-15:00。 Open a securities account in China Clearing Shanghai branch before January 13, 2022 (t day) In addition, investors who hold the total market value of non restricted A-Shares and non restricted depositary receipts in Shanghai market (hereinafter referred to as the market value) of more than 10000 yuan (including 10000 yuan) 20 trading days (including T-2) before January 11, 2022 can apply for the shares issued online through the trading system of Shanghai Stock Exchange (except those prohibited by national laws and regulations). Online investors shall independently express their purchase intention and shall not fully entrust securities companies to purchase new shares on their behalf.
Investors determine their online subscription quota according to the market value they hold. The market value of relevant securities accounts of investors shall be calculated according to the average daily holding market value of 20 trading days (including T-2) before January 11, 2022 (T-2). If the opening time of an investor's relevant securities account is less than 20 trading days, the average daily holding market value shall be calculated according to 20 trading days. Investors with a market value of more than 10000 yuan (including 10000 yuan) can participate in the subscription of new shares. One subscription unit can be subscribed for every 10000 yuan market value, and the part less than 10000 yuan is not included in the subscription amount. Each subscription unit shall be 1000 shares, and the number of subscription shall be 1000 shares or an integral multiple thereof, but the maximum shall not exceed the upper limit of subscription calculated according to the market value and one thousandth of the number of shares initially issued online, that is, it shall not exceed 8000 shares. For the calculation standard of the market value held by investors, please refer to the relevant provisions of the detailed rules for the implementation of online issuance. Investors can query their market value or subscription amount through the securities company designated for trading.
During the subscription period, the investor shall fill in the entrustment form according to the entrusted purchase of shares and the determined issuance price. Once declared, the order shall not be cancelled.
Investors who participate in the subscription of online public offering shares can only use one securities account. If the same investor uses multiple securities accounts to participate in the subscription of the same new share, or if the investor uses the same securities account to participate in the subscription of the same new share for many times, the first subscription of the investor shall be valid, and the other subscriptions shall be invalid. If an investor holds multiple securities accounts, the market value of multiple securities accounts shall be calculated jointly. The principle of confirming that multiple securities accounts are held by the same investor is that the "account holder name" and "valid identity document number" in the securities account registration data are the same. The registration data of securities account shall be subject to the end of T-2 day.
The market value of the credit securities account of the margin trading customer is calculated into the market value held by the investor, and the market value of the refinancing guarantee securities detailed account of the securities company is calculated into the market value held by the securities company.
(3) Subscription and payment of online and offline investors
Before 16:00 on January 17, 2022 (T + 2), offline investors shall, according to the preliminary allocated quantity disclosed in the announcement of offline preliminary placement results and online winning results multiplied by the determined issuance price, pay the subscription fund for new shares in full for the allocated objects.
After winning the lottery for the subscription of new shares, online investors shall
