Zhejiang Chengchang Technology Co., Ltd
Zhejiang Chengchang Technology Co., Ltd.
(room 713, building 5, No. 3, Xiyuan Third Road, Sandun Town, Xihu District, Hangzhou, Zhejiang)
IPO prospectus
Sponsor (lead underwriter)
(16-26 floors of Guosen Securities Co.Ltd(002736) building, No. 1012, Hongling Middle Road, Luohu District, Shenzhen)
Overview of this offering
Type of shares issued: RMB ordinary shares (A shares)
The number of shares issued this time shall not exceed 27953500 shares, and the number of shares issued shall not be less than 25% of the total share capital of the company after issuance. This issuance does not involve the transfer of old shares
The par value of each share is RMB 1.00
The issue price per share is 21.68 yuan
Expected issue date: May 24, 2022
Stock exchange to be listed Shenzhen Stock Exchange
The total share capital after issuance shall not exceed 111812900 shares
1. The controlling shareholder Shenzhen H&T Intelligent Control Co.Ltd(002402) promises:
Within 36 months from the date of listing of the company’s initial public offering, the company will not transfer or entrust others to manage the company’s shares held before this offering (including the shares derived from this part, such as bonus shares, capital reserve conversion, etc.), nor will the company repurchase this part of shares.
If the closing price of the company’s shares is lower than the issue price for 20 consecutive trading days within 6 months after the listing of the company, or the closing price at the end of 6 months after the listing is lower than the issue price, The lock-in period of holding the company’s shares shall be automatically extended for at least 6 months (if the company has ex dividend and ex right behaviors such as dividend distribution, bonus shares, conversion of share capital or allotment of shares during the above-mentioned period, the issue price shall be calculated based on the price adjusted by ex dividend and ex right factors).
2. Liu Jianwei, the actual controller of the company, promises:
Within 36 months from the date of listing of the company’s initial public offering, I will maintain my control over the company and Shenzhen H&T Intelligent Control Co.Ltd(002402) and ensure that Shenzhen H&T Intelligent Control Co.Ltd(002402) does not transfer or entrust others to manage the company’s shares held by Shenzhen H&T Intelligent Control Co.Ltd(002402) before this offering (including the shares derived from this part, such as bonus shares, capital reserve conversion, etc.), Nor will the company repurchase this part of the shares.
Within 6 months after the listing of the company held by shareholders before the offering, if the circulation restriction of the closing price of the company’s shares for 20 consecutive trading days, the shareholders’ share price is lower than the offering price, or the closing price at the end of 6 months after the listing is lower than the offering price, My commitment to voluntary lock-in of shares will ensure that the lock-in period of Shenzhen H&T Intelligent Control Co.Ltd(002402) holding the issuer’s shares will be automatically extended for at least 6 months (if the issuer has dividend distribution, bonus shares, conversion of share capital or allotment and other ex dividend and ex right behaviors during the above-mentioned period, the issue price shall be calculated based on the price adjusted by ex dividend, ex right and other factors).
3. Ding Ning, the shareholder of the company, promises:
Within 36 months from the date of listing of the company’s initial public offering, the company will not transfer or entrust others to manage the company’s shares held before this offering (including the shares derived from this part, such as bonus shares, capital reserve conversion, etc.), nor will the company repurchase this part of shares.
If the closing price of the company’s shares is lower than the issue price for 20 consecutive trading days within 6 months after the listing of the company, or the closing price at the end of 6 months after the listing is lower than the issue price, The lock-in period of holding the company’s shares shall be automatically extended for at least 6 months (if the company has ex dividend and ex right behaviors such as dividend distribution, bonus shares, conversion of share capital or allotment of shares during the above-mentioned period, the issue price shall be calculated based on the price adjusted by ex dividend and ex right factors).
4. Cheng Kai partnership commitment of shareholders holding more than 5% of the company:
Within 12 months from the date of listing of the company’s initial public offering, it shall not transfer or entrust others to manage the company’s shares held before this offering (including the shares derived from this part, such as bonus shares, capital reserve conversion, etc.), nor shall it be returned by the issuer
Purchase this part of the shares.
5. The company’s shareholder Dachen chuangtong promises:
As for 790462 shares of the company subscribed in May 2020, the company will not transfer or entrust others to manage such shares of the company (including shares derived from this part, such as bonus shares, capital reserve conversion, etc.) within 12 months from the date of listing of the company’s shares, nor will the company repurchase this part of shares.
For the 1128844 shares of the issuer subscribed by the Issuer on December 24, 2020, within 36 months from the date of capital increase and completion of industrial and commercial change (December 28, 2020) and 12 months from the date of listing of the company’s shares (whichever is later), It will not transfer or entrust others to manage such shares of the company held by it before this issuance (including shares derived from this part, such as bonus shares, capital reserve conversion, etc.), nor will the company repurchase this part of shares.
6. In December 2020, the company added new shares Dongjiang jinfengchun, Qianhai scientific control, Dachen code silicon, small and medium-sized funds, Jingyu phase V, Jinyuan Zhanhong, service industry funds, Caizhi win and wealth creation promise:
Within 36 months from the date of capital increase and completion of industrial and commercial change of the issuer (December 28, 2020) and within 12 months from the date of listing of the issuer’s shares (whichever is later), The enterprise will not transfer or entrust others to manage the company’s shares held before this issuance (including the shares derived from this part, such as bonus shares, capital reserve conversion, etc.), nor will the issuer repurchase this part of shares.
7. The company’s shareholders Ding Wenhuan, Wang Junsheng, Shanghai manzhong, Keji investment, Kexiang investment and Kemai investment promise:
Within 12 months from the date of listing of the issuer’s shares, the issuer shall not transfer or entrust others to manage the company’s shares held before this issuance (including the shares derived from this part, such as bonus shares, capital reserve conversion, etc.), nor shall the issuer repurchase this part of shares.
8. Luo Shanshan, the director of the company, Wang Liping, Zheng Xiang and Zhang Hongwei, the directors and senior managers, LV Cheng, the supervisor, Yang Kun and Zhao Xiaoting, the senior managers, promise:
During the share lock-in period promised by the ESOP platform in which it holds property shares, it will not transfer or entrust others to manage the company’s shares held through the platform before this issuance (including the shares derived from this part, such as bonus shares, capital reserve conversion, etc.), nor will the issuer repurchase this part of shares.
Within 12 months from the date of listing of the issuer’s initial public offering of shares, the issuer shall not transfer or entrust others to manage the company’s shares held before this offering (including the shares derived from this part, such as bonus shares, capital reserve conversion, etc.), nor shall the issuer repurchase this part of shares.
During his tenure as a director, supervisor or senior manager of the issuer, the shares transferred each year shall not exceed 25% of the total shares of the issuer held by him, and he shall not transfer the shares of the issuer held by him within 6 months after his resignation. If I resign before the expiration of my term of office, I shall continue to abide by the restrictive provisions within the term of office determined when I take office and within 6 months after the expiration of my term of office.
Sponsor (lead underwriter) Guosen Securities Co.Ltd(002736)
Signing date of prospectus: May 23, 2022
Statement and commitment
The issuer and all directors, supervisors and senior managers promise that there are no false records, misleading statements or major omissions in the prospectus and its abstract, and bear individual and joint legal liabilities for its authenticity, accuracy and completeness.
The person in charge of the company, the person in charge of accounting and the person in charge of the accounting agency shall ensure that the financial and accounting materials in the prospectus and its abstract are true and complete.
The sponsor promises to compensate the investors in advance for the losses caused to the investors due to the false records, misleading statements or major omissions in the documents prepared and issued for the issuer’s initial public offering of shares.
Any decision or opinion made by the CSRC and other government departments on this issuance does not indicate that it makes a substantive judgment or guarantee on the value of the issuer’s shares or the income of investors. Any statement to the contrary is a false statement.
According to the provisions of the securities law, after the shares are issued according to law, the issuer shall be responsible for the changes in the operation and income of the issuer, and the investors shall be responsible for the investment risks caused by the changes.
If investors have any questions about this prospectus and its abstract, they should consult their own stockbrokers, lawyers, accountants or other professional consultants.
Tips on major issues
This important notice only reminds investors of the company’s risks and other important matters that need special attention. Please carefully read all the contents of the “risk factors” section of this prospectus.
The company specially draws the attention of investors to the following major matters:
1、 Major commitments made by the issuer
(I) restrictions on the sale of shares held by shareholders before this offering, voluntary lock-in of shares and commitment to extend the lock-in period
1. Commitment of the controlling shareholder and actual controller of the company
The controlling shareholder Shenzhen H&T Intelligent Control Co.Ltd(002402) promises:
“Within 36 months from the listing date of the issuer’s initial public offering, the company will not transfer or entrust others to manage the shares held by the company before the issuer’s initial public offering (including the shares derived from this part, such as bonus shares, capital reserve conversion, etc.), nor will the issuer buy back this part of shares, and promise
