Jiangsu Huachen Transformer Co., Ltd
Initial public offering
Announcement of offline preliminary placement results and online Winning Results
Sponsor (lead underwriter): Yongxing Securities Co., Ltd
hot tip
The application of Jiangsu Huachen Transformer Co., Ltd. (hereinafter referred to as "Jiangsu Huachen" or "the issuer") for the initial public offering of no more than 40 million ordinary shares (A shares) (hereinafter referred to as "this offering") has been approved by the China Securities Regulatory Commission (zjxk [2022] No. 749). This offering is conducted through 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 negotiated with the sponsor (lead underwriter) Yongxing Securities Co., Ltd. (hereinafter referred to as "sponsor (lead underwriter)" or "Yongxing securities") to determine that the number of shares issued this time is 40 million shares. Before the launch of the callback mechanism, the initial number of offline shares issued was 24 million, accounting for 60.00% of the total issued this time; The initial number of shares issued online was 16 million, accounting for 40.00% of the total issued this time. The issue price is 8.53 yuan / share.
According to the callback mechanism announced in the announcement of Jiangsu Huachen Transformer Co., Ltd. on initial public offering of shares (hereinafter referred to as the "issuance announcement"), since the initial effective subscription multiple of online investors is 561498 times, more than 150 times, the issuer and the sponsor (lead underwriter) decided to start the callback mechanism. After the callback, the final number of offline issuance is 4 million shares, accounting for 10.00% of the total issuance; The final number of shares issued online was 36 million, accounting for 90.00% of the total issued this time. After the callback mechanism was launched, the final winning rate of online issuance was 004007138%. Investors are kindly requested to pay attention to the payment process of this offering. The specific contents are as follows:
1. According to this announcement, offline investors shall pay the subscription funds for new shares in full and on time according to the final issue price and the initial allocation amount before 16:00 on May 5, 2022 (T + 2).
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 the failure of accounting, and the resulting consequences shall be borne by the investors themselves.
After online investors win the subscription of new shares, they shall fulfill their payment obligations according to this announcement, and fulfill their capital settlement obligations according to the issuance price and the number of successful shares, so as to ensure that their capital account will have sufficient new share subscription funds on May 5 (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 are underwritten by the sponsor (lead underwriter).
2. When the total number of shares paid and 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.
3. 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 an online investor has won the lottery for 3 times but failed to pay in full within 12 consecutive 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.
4. Once this announcement is published, it shall be deemed to have served the notice of allotment payment to the online investors who have participated in the online subscription and won the lot and all allotment objects who have obtained the allotment of offline issuance.
1、 Online lottery results
According to the issuance announcement, the issuer and the sponsor (lead underwriter) presided over the winning ceremony of the online IPO of Jiangsu Huachen Transformer Co., Ltd. in Room 202, building 203, Shangbu Industrial Zone, Hongli West Road, Futian District, Shenzhen on the morning of April 29, 2022 (T + 1). The lottery ceremony was conducted in accordance with the principles of openness, fairness and impartiality. The process and results of the lottery have been notarized by Shenzhen Luohu notary office. The winning results are as follows:
Last digit winning lot number
Last "4" digits: 2160466071609660
Last "7" digits: 51122847112284911228431122841111228418740076874007
Last "8" digits: 07999273
If the mantissa of the subscription allotment number held by investors participating in the online issuance and subscription of Jiangsu Huachen A shares is the same as the above number, it is the winning number. There are 36000 winning numbers in total, and each winning number can only subscribe for 1000 A shares of Jiangsu Huachen.
2、 Offline issuance and subscription and preliminary placement results
(I) offline issuance and subscription
According to the requirements of the measures for the administration of securities issuance and underwriting (order [No. 144] of the CSRC), the recommendation institution (the principal)
(underwriter) has verified and confirmed the qualification of investors participating in offline subscription. Offline subscription of this offering
It has ended on April 28, 2022 (t day). According to the final receipt of offline subscription electronic platform of Shanghai Stock Exchange
The sponsor (lead underwriter) makes the following statistics on the effective subscription results:
After verification and confirmation, 12581 valid quotations managed by 2435 offline investors disclosed in the issuance announcement
Among the placing objects, 13 effective quotation placing objects managed by 13 offline investors failed to comply with the issuance announcement
To participate in offline subscription, and the remaining 12568 effective quotation placement objects managed by 2422 offline investors were all listed
Offline subscription was made in accordance with the requirements of the issuance announcement, and the number of effective offline subscription was 873642 million shares.
The specific list of investors who did not participate in offline subscription is as follows:
Preliminary inquiry preliminary inquiry no. Name of offline investor name of placing object name of securities account proposed purchase price (yuan / quantity (10000 shares))
1 Feng Xinwei Feng Xinwei a2954599298.53 700
2 Chen Jiancheng a1556627778.53 700
3 peak a3150381138.53 700
4 Wu Jianxin Wu Jianxin a4648503748.53 700
5 Lin Miaoling Lin Miaoling a5403309458.53 700
6 Yu Huizhong Yu Huizhong a1187949498.53 700
7 Ouyang Zhuyu a3132703408.53 700
8 Xu Kewei, Xu Kewei a1579332058.53 700
9 Zhao Bo Zhao Bo a1397998598.53 700
10 Wolong Holding Group Co., Ltd. Wolong Holding Group Co., Ltd. b88058807853 700
11 Zhejiang Wolong Real Estate Investment Co., Ltd. Zhejiang Wolong Real Estate Investment Co., Ltd. b8813814378.53 700
12 Zhejiang Wolong Shunyu Investment Co., Ltd. Zhejiang Wolong Shunyu Investment Co., Ltd. b8831123638.53 700
13 Fujian Cement Inc(600802) Fujian Cement Inc(600802) B881193290 8.53 700
Total 9100
(II) preliminary offline placement results
According to the principle and calculation method of offline placement published in the announcement of IPO arrangement and preliminary inquiry of Jiangsu Huachen Transformer Co., Ltd. (hereinafter referred to as the announcement of issuance arrangement and preliminary inquiry), the
Pedestrians and recommendation agencies (lead underwriters) have made preliminary placement of offline issued shares, which is effective for all kinds of offline investors
The subscription and initial placement are as follows:
The number of shares effectively subscribed accounts for the number of shares allocated offline, and the number of shares allocated offline accounts for all types of investors
Investor category (10000 shares) effective subscription quantity (shares) proportion of total issuance proportion of placement
Proportion (%) (%)
Class a investors (public offering)
Fund, pension and social security 246395028.20203108050.78 000824319
(insurance)
Class B investor (enterprise 150220017.1982406420.60 Hunan Investment Group Co.Ltd(000548) 571
(annuity and insurance)
Class C investors (477027054.60114485628.62 0 Shenzhen Hepalink Pharmaceutical Group Co.Ltd(002399) 98)
Total 8736420100.0040 Ping An Bank Co.Ltd(000001) 00.00-
Note: the difference in the mantissa between the sum of the total number and the number of each part is caused by rounding.
The above preliminary placement results comply with the offline placement principles published in the announcement of issuance arrangement and preliminary inquiry, of which 193 zero shares are placed to the "Tongtai digital economic theme stock securities investment fund" managed by Tongtai Fund Management Co., Ltd. in accordance with the placement principles published in the announcement of issuance arrangement and preliminary inquiry. See "attached table: preliminary placement list of offline investors" for the allocation of each placement object.
3、 Contact information of sponsor (lead underwriter)
If the above offline investors have any questions about the offline preliminary placement results announced in this announcement, please contact the sponsor (lead underwriter) of this offering. The specific contact information is as follows:
Contact: investment banking management department
Tel.: 057489265214, 057489265215
Contact email: [email protected].
