Jiangsu Yike Food Group Co., Ltd
Initial public offering of shares and listing on GEM announcement of issuance results sponsor (lead underwriter): Citic Securities Company Limited(600030)
The application of Jiangsu Yike Food Group Co., Ltd. (hereinafter referred to as “Yike food” or “issuer”) for initial public offering (hereinafter referred to as “this offering”) and listing on the gem was reviewed and approved by the GEM Listing Committee of Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock exchange”) on March 25, 2021, It was approved to register by the China Securities Regulatory Commission (zjxk [2021] No. 3800). The sponsor (lead underwriter) of this offering is Citic Securities Company Limited(600030) (hereinafter referred to as “sponsor (lead underwriter)”).
According to the preliminary inquiry results, the issuer and the sponsor (lead underwriter) negotiated and determined that the issue price is 11.40 yuan / share and the number of shares issued is 44897960, all of which are new shares without old share transfer, based on the effective subscription multiple, the issuer’s industry, the issuer’s Fundamentals, market conditions, demand for raised funds and underwriting risk.
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 lower of the median quotation and weighted average of the enterprise annuity fund (hereinafter referred to as “enterprise annuity fund”) established in accordance with the measures for the administration of enterprise annuity fund and the insurance fund (hereinafter referred to as “insurance fund”) in accordance with the measures for the administration of the use of insurance funds, so the relevant subsidiaries of the sponsor need not participate in the follow-up investment, The initial number of shares of relevant subsidiaries of the sponsor participating in the follow-up investment is 2244898, and all of them will be transferred back to offline issuance.
According to the finally determined issuance price, the final strategic placement number of the special asset management plan for the senior management and core employees of the issuer is 1754385 shares, which is 2735411 shares, which is the difference from the initial expected subscription number, and is transferred back to the offline issuance. To sum up, the strategic placement of this issue only has the special asset management plan of the issuer’s senior managers and core employees. The final number of strategic placement is 1754385 shares, accounting for 3.91% of the total amount of this issue. The difference between the initial strategic placement and the final strategic placement of 4980309 shares will be transferred back to offline issuance.
After the strategic placement callback and before the online and offline callback mechanism is launched, the initial number of offline issuance is 35511075 shares, accounting for about 82.31% of the total issued after deducting the final strategic placement; The initial number of shares issued online was 7.6325 million, accounting for about 17.69% of the total issued after deducting the final strategic placement.
According to the callback mechanism published in the announcement on initial public offering and listing on the gem of Jiangsu Yike Food Group Co., Ltd. and the announcement on initial public offering and listing on the gem of Jiangsu Yike Food Group Co., Ltd., the initial effective subscription multiple on the Internet is 10607.35539 times, more than 100 times, The issuer and the sponsor (lead underwriter) decided to start the callback mechanism, and 20.00% (rounded up to an integral multiple of 500 shares, i.e. 8.629 million shares) of the shares issued this time after deducting the final strategic placement part will be callback from offline to online. After the call back, the final number of offline shares issued was 26882075, accounting for about 62.31% of the total issued after deducting the final strategic placement; The final number of online issuance is 162615000 shares, accounting for about 37.69% of the total amount of this issuance after deducting the final strategic placement. After the callback mechanism was launched, the final winning rate of online issuance was 0.0200856861%.
The online and offline subscription and payment work of this offering has been completed on January 10, 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 Co., Ltd. (hereinafter referred to as “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 this strategic placement. The results are as follows: (I) strategic placement
The offering price does not exceed the lower of the median and weighted average of offline investors’ quotations after excluding the highest quotation, and the median and weighted average of public funds, pensions, social security funds, enterprise annuity funds and insurance funds after excluding the highest quotation. Therefore, relevant subsidiaries of the sponsor need not participate in follow-up investment.
In this offering, the final strategic placement investor established a special asset management plan for the senior management and core employees of the issuer (hereinafter referred to as “Yike food employee asset management plan”). As of December 30, 2021 (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 and strategic investors, the strategic placement results of this issuance are determined as follows:
Name of strategic investor number of allocated shares (shares) amount allocated (yuan) sales restriction period
Yike food employee information management plan 1754385 19999989.00 12 months
(II) online subscription of new shares
1. Number of shares subscribed by online investors (shares): 16229149
2. Subscription amount paid by online investors (yuan): 185012298.60
3. Number of online investors giving up subscription (shares): 32351
4. Subscription amount waived by online investors (yuan): 368801.40
(III) offline subscription of new shares
1. Number of shares subscribed by offline investors (shares): 26882075
2. Subscription amount paid by offline investors (yuan): 306455655.00
3. Number of offline investors giving up subscription (shares): 0
4. Subscription amount waived by offline investors (yuan): 0.00 II. Offline proportion 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, which shall be calculated from the date of listing and trading of the issued shares on the Shenzhen Stock Exchange.
When offline investors participate in the preliminary inquiry and quotation and offline subscription, they do not need to fill in the arrangement of the sales restriction period for the placing objects under their management. Once the quotation is made, it is deemed to accept the arrangement of the online sales restriction period disclosed in this announcement.
In this offering, 2690620 shares were restricted to offline shares for 6 months, accounting for 10.01% of the total offline issuance and about 5.99% of the total public offering. 3、 Underwriting by sponsor (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) this time is 32351 shares, the underwriting amount is 368801.40 yuan, and the number of underwritten shares accounts for 0.07% of the total issued number.
On January 12, 2022 (T + 4), the sponsor (lead underwriter) will transfer the underwriting funds to the issuer together with the funds paid and subscribed by the strategic placement investors and online and offline investors after deducting the underwriting fee. The issuer will submit a share registration application to CSDCC Shenzhen Branch and register the underwriting shares to the securities account designated by the sponsor (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. Contact details are as follows:
Sponsor (lead underwriter): Citic Securities Company Limited(600030)
Tel.: 010-60833699
Contact: stock capital market department
e-mail address: [email protected].
Issuer: sponsor (lead underwriter) of Jiangsu Yike Food Group Co., Ltd.: Citic Securities Company Limited(600030) January 12, 2022 (there is no text on this page, which is the seal page of the announcement on the results of initial public offering and listing on the gem of Jiangsu Yike Food Group Co., Ltd.)
Issuer: Jiangsu Yike Food Group Co., Ltd. (there is no text on this page, which is the sealed page of the announcement on the results of initial public offering and listing on the gem of Jiangsu Yike Food Group Co., Ltd.)
Sponsor (lead underwriter): Citic Securities Company Limited(600030) mm / DD / yy
