Initial public offering and listing on the science and Innovation Board
Announcement on online issuance and subscription and winning rate
Sponsor (co lead underwriter): China Securities Co.Ltd(601066)
Co lead underwriter: Citic Securities Company Limited(600030)
hot tip
The application of Jingke Energy Co., Ltd. (hereinafter referred to as “Jingke energy”, “issuer” or “company”) for initial public offering of RMB common shares (A shares) and listing on the science and Innovation Board (hereinafter referred to as “this offering”) has been examined and approved by the stock listing committee of the science and Innovation Board of Shanghai Stock Exchange (hereinafter referred to as “Shanghai Stock Exchange”), It has been approved for registration by China Securities Regulatory Commission (hereinafter referred to as “CSRC”) in zjxk [2021] No. 4127.
This offering is conducted by a combination of directional placement to strategic investors (hereinafter referred to as “strategic placement”), offline inquiry 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 market value in Shanghai market (hereinafter referred to as “online issuance”).
China Securities Co.Ltd(601066) (hereinafter referred to as ” China Securities Co.Ltd(601066) securities”) serves as the sponsor (joint lead underwriter) of this offering, and Citic Securities Company Limited(600030) (hereinafter referred to as ” Citic Securities Company Limited(600030) “) serves as the joint lead underwriter of this offering ( China Securities Co.Ltd(601066) securities and Citic Securities Company Limited(600030) collectively referred to as “joint lead underwriters”). The issuer and the joint lead underwriters have negotiated and determined that the number of shares issued this time is 2 million shares. The initial strategic placement quantity of this issuance is 600 million shares, accounting for 30.00% of the total issuance scale. The subscription funds promised by the strategic investors have been fully remitted to the bank account designated by the joint lead underwriters within the specified time. The final strategic placement quantity determined according to the issuance price is 600 million shares, accounting for 30.00% of the total issuance scale. Because the final strategic placement quantity is the same as the initial strategic placement quantity, the initial strategic placement quantity of this issuance is not callback to the offline issuance.
Before the launch of the online and offline call back mechanism, the initial number of offline shares was 1120 million, accounting for 80.00% of the number issued after deducting the final strategic placement; The initial number of shares issued online is 280 million, accounting for 20.00% of the number issued after deducting the final strategic placement; The total number of final offline and online initial issuance is 1400 million shares. The final online and offline issuance quantity will be determined according to the callback situation.
The issue price is 5.00 yuan / share. The issuer initially issued 280 million shares of “Jingke energy” through the online pricing of the trading system of Shanghai Stock Exchange on January 17, 2022 (t day).
Investors are kindly requested to pay attention to the payment process of this offering and fulfill their payment obligations on January 19, 2022 (T + 2):
1. Offline allocated investors shall, in accordance with the announcement on offline preliminary placement results and online winning results of initial public offering of shares by Jingke Energy Co., Ltd. and listing on the science and Innovation Board (hereinafter referred to as “announcement on offline preliminary placement results and online winning results”) disclosed on January 19, 2022 (t + 2), before 16:00 on January 19, 2022 (T + 2), According to the finally determined issuance price of RMB 5.00/share and the number of allocated shares, the new share subscription fund and the corresponding new share placement brokerage commission shall be paid in time and in full, and the new share subscription fund and the new share placement brokerage commission shall be transferred together.
The brokerage commission rate for the placement of new shares by offline investors participating in this offering is 0.50%. The amount of brokerage commission for placing new shares of the placing object = the final amount allocated to the placing object × 0.50% (rounded to the nearest cent). 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 fulfill the obligation of capital delivery according to the announcement of offline preliminary placement results and online winning results, so as to ensure that their capital account will eventually have sufficient capital for subscription of new shares on January 19 (T + 2) 2022. The insufficient part shall be deemed to give up the subscription, and 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 total number of shares paid and subscribed by offline and online investors is not less than 70% of the number of this public offering after deducting the final strategic placement, the shares abandoned in this offering due to the insufficient payment of subscription by offline and online investors shall be underwritten by China Securities Co.Ltd(601066) securities.
2. In the offline offering, the allocated securities investment funds and other partial share asset management products established by public offering (hereinafter referred to as “public offering products”), the National Social Security Fund (hereinafter referred to as “social security fund”), the basic old-age insurance fund (hereinafter referred to as “pension”) The enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund (hereinafter referred to as “enterprise annuity fund”) 10% of the accounts (rounded up) of the placement objects such as insurance funds (hereinafter referred to as “insurance funds”) and QFII funds that comply with the measures for the administration of the use of insurance funds and other relevant provisions shall promise that the holding period of the shares placed this time is 6 months from the date of the issuer’s initial public offering and listing, The aforesaid placing target account will be determined by lottery on January 20, 2022 (T + 3) (hereinafter referred to as “online placing lottery”). The shares allocated to the placement target account managed by offline investors that have not been selected have no circulation restrictions and restricted sales arrangements, and can be circulated from the date of listing and trading of the issued shares on the Shanghai Stock Exchange.
According to the letter of commitment for offline investors to participate in offline inquiry and placement of new shares on the science and Innovation Board signed online by all investors participating in this offline offering through the China Securities Co.Ltd(601066) securities offline investor qualification verification system, once the offline investors make a quotation, they are deemed to accept the online lower limit sale period arrangement of this offering. Participate in the initial inquiry of this offering and finally obtain the funds of public offering products, pensions, social security funds, enterprise annuity funds, insurance funds and qualified foreign institutional investors placed offline, and promise that if the account of the placing object managed by it is selected in the lottery stage of online placing, The holding period of the shares allocated to the placing object is 6 months from the date of the issuer’s initial public offering and listing. Offline placement lottery adopts the method of placing numbers according to the placing object as a unit, and the number is allocated according to the number of households finally allocated to offline investors, and each placing object is allocated a number.
3. When the total number of shares subscribed by offline and online investors is less than 70% of the number of public offerings after deducting the final strategic placement, the issuer and the co lead underwriter will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements.
4. If an offline investor with a valid quotation fails to participate in the subscription, fails to subscribe in full, or fails to pay the new share subscription fund and the corresponding new share placement brokerage commission in time and in full, it will be deemed as a breach of contract and shall bear the liability for breach of contract. The joint lead underwriters 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. The number of times of abandonment of subscription shall be calculated according to the number of times that the investor actually abandons the subscription of new shares, depositary receipts, convertible corporate bonds and exchangeable corporate bonds.
1、 Online subscription and initial winning rate
According to the data provided by Shanghai Stock Exchange, there are 5548276 valid subscription households and 280708746000 valid subscription shares in this online issuance, and the preliminary winning rate of online issuance is 0.09974752%. The total number of allotments is 561417492, and the number range is 10000000000-100561417491.
2、 Implementation of callback mechanism, issuance structure and final winning rate of online issuance
According to the callback mechanism announced in the announcement of Jingke Energy Co., Ltd. initial public offering and listing on the science and innovation board, since the initial effective online subscription multiple is about 1002.53 times, more than 100 times, the issuer and the joint lead underwriters decided to start the callback mechanism to adjust the scale of offline and online issuance, After deducting the final strategic placement, 10% (i.e. 140 million shares) of the number of shares in this public offering will be transferred back from offline to online. After the callback mechanism was launched, the final number of offline shares issued was 980 million, accounting for 70.00% of the total issued after deducting the number of strategic placements; The final number of shares issued online was 420 million, accounting for 30.00% of the total issued after deducting the number of strategic placements. After the callback mechanism was launched, the final winning rate of online issuance was 0.14962127%.
3、 Online lottery
The issuer and the co lead underwriters agreed to conduct online subscription lottery for this offering at Haitang hall, conference room on the fourth floor of Zijinshan Hotel, No. 778 Dongfang Road, Pudong New Area, Shanghai on the morning of January 18 (T + 1), 2022, and will publish it in China Securities Journal and securities times on January 19 (T + 2), 2022 Shanghai Securities News and Securities Daily published the results of online lottery.
Issuer: sponsor of Jingke Energy Co., Ltd. (co lead underwriter): China Securities Co.Ltd(601066) co lead underwriter: Citic Securities Company Limited(600030) January 18, 2022 Seal page of announcement on subscription and winning rate of Jingke Energy Co., Ltd. for initial public offering and online listing on the science and Innovation Board)
Issuer: Jingke Energy Co., Ltd. (this page has no text, which is the seal page of the announcement on the subscription and winning rate of Jingke Energy Co., Ltd.’s initial public offering of shares and online listing on the science and Innovation Board)
Sponsor (co lead underwriter): China Securities Co.Ltd(601066) mm / DD / yyyy (there is no text on this page, which is the seal page of the announcement on the initial public offering, subscription and winning rate of Jingke Energy Co., Ltd. and its online listing on the science and Innovation Board)
Co lead underwriter: Citic Securities Company Limited(600030) mm / DD / yy
