Weihai Baihe Biotechnology Co., Ltd
Announcement of IPO online pricing, issuance and subscription and winning rate sponsor (lead underwriter): Gf Securities Co.Ltd(000776)
hot tip
The application of Weihai Baihe Biotechnology Co., Ltd. (hereinafter referred to as “Baihe shares” or “the issuer”) for the initial public offering of 16 million RMB common shares (A shares) (hereinafter referred to as “this offering”) has been approved by the China Securities Regulatory Commission’s CSRC permit (2022) No. 36. This offering adopts the direct pricing method, All shares are issued online to public investors who hold a certain market value of non restricted A-Shares and non restricted depositary receipts in Shanghai market (hereinafter referred to as “online issuance”), without offline inquiry and placement.
The issuer negotiated with the recommendation institution (lead underwriter) Gf Securities Co.Ltd(000776) (hereinafter referred to as ” Gf Securities Co.Ltd(000776) ” or “recommendation institution (lead underwriter)”) to determine the number of shares to be issued this time is 16 million, of which 16 million shares are issued online, accounting for 100% of the total issued this time. The issue price is 42.14 yuan / share.
Lily shares issued 16 million A-Shares of “lily shares” through the online pricing of the trading system of Shanghai Stock Exchange on January 14 (T) 2022.
Please pay attention to the key contents of the issuance process, payment and suspension of issuance:
1. After the online investors win the lottery in the subscription of new shares, they shall fulfill their payment obligations in accordance with the announcement on the results of lottery in the online pricing issuance of initial public offering shares of Weihai Lily Biotechnology Co., Ltd., so as to ensure that their capital account will eventually have sufficient funds for the subscription of new shares on January 18 (T + 2) 2022, and the insufficient part shall be deemed to give up the subscription, The resulting consequences and relevant legal liabilities shall be borne by the investors themselves. The investor’s fund transfer shall comply with the relevant provisions of the securities company where the investor is located.
When the number of shares subscribed by online investors exceeds 70% (including 70%) of the number of public offerings, but does not reach the number of public offerings, the shares abandoned by the winning investors shall be underwritten by the sponsor (lead underwriter).
2. When the number of shares subscribed by online investors is less than 70% of the number of public offerings, the sponsor (lead underwriter) will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements.
3. 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.
1、 Online subscription and winning rate of online issuance
According to the data provided by Shanghai Stock Exchange, there are 13510656 valid subscription households, 121042938000 valid subscription shares, 121042938 allotment numbers, and the winning rate of online issuance is 0.01321845%. The number range is 1000000000-100121042937.
2、 Online lottery
The issuer and the recommendation institution (lead underwriter) will hold an online subscription lottery ceremony at Haitang hall, conference room on the fourth floor of Zijinshan Hotel, No. 778 Dongfang Road, Pudong, Shanghai on the morning of January 17, 2022 (T + 1), and will publish it in China Securities Journal and Securities Times on January 18, 2022 (T + 2) Shanghai Securities News and Securities Daily published the results of online lottery.
Issuer: sponsor (lead underwriter) of Weihai Lily Biotechnology Co., Ltd.: Gf Securities Co.Ltd(000776) January 17, 2022
