Juncheng Technology: Announcement on online pricing, subscription and winning rate of initial public offering and listing on GEM

Jiangsu Juncheng Electronic Technology Co., Ltd

Initial public offering and listing on GEM

Announcement on online pricing issuance, subscription and winning rate

Sponsor (lead underwriter): Haitong Securities Company Limited(600837)

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The application of Jiangsu Juncheng Electronic Technology Co., Ltd. (hereinafter referred to as “Juncheng technology” or “the issuer”) for the initial public offering of RMB common shares (A shares) (hereinafter referred to as “this offering”) has been examined and approved by the GEM Listing Committee of Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock Exchange”), It has been approved for registration by China Securities Regulatory Commission (zjxk [2021] No. 4030).

This issuance adopts the method of direct pricing issuance to online investors (hereinafter referred to as “online issuance”), without offline inquiry and placement. The issuer and the recommendation institution (lead underwriter) Haitong Securities Company Limited(600837) (hereinafter referred to as ” Haitong Securities Company Limited(600837) ” or “recommendation institution (lead underwriter)”) negotiated and determined the number of 1814666700 shares to be issued this time, of which 18146500 shares were issued online, accounting for 99.9991% of the total issued this time. The remaining 167 shares that do not reach the online subscription unit of 500 new shares in Shenzhen are underwritten by the sponsor (lead underwriter). All the shares issued this time are new shares, and the old shares are not transferred. The shares issued this time have no circulation restrictions and locking arrangements.

The issuer and the sponsor (lead underwriter) issued 18.1465 million shares of “Juncheng technology” on January 18, 2022 (t day) using the online pricing of the trading system of Shenzhen Stock Exchange.

According to the data provided by Shenzhen Stock Exchange, the sponsor (lead underwriter) made statistics on the subscription of this online offering, and the results are as follows:

There are 13361586 valid subscription households and 149019034500 valid subscription shares in this online pricing offering. The total number of allotments is 298038609, with the starting number of 00000000000 1 and the ending number of 000298038609. The winning rate of this online pricing issuance is 0.0121772814%, and the effective subscription multiple of online investors is 8212.01358 times.

The issuer and the sponsor (lead underwriter) are scheduled to draw lots for this online issuance and subscription at Room 308, Shenye center, No. 5045, Shennan East Road, Luohu District, Shenzhen on the morning of January 19, 2022 (T + 1), The results of online lottery will be published in China Securities Journal, Shanghai Securities Journal, securities times and Securities Daily on January 20, 2022 (T + 2).

Please pay attention to the payment link of this offering and fulfill the payment obligation in time on January 20, 2022 (T + 2).

1. After winning the lottery in the subscription of new shares, investors shall fulfill their payment obligations in accordance with the announcement on the results of lottery in the initial public offering and online pricing issuance of Jiangsu Juncheng Electronic Technology Co., Ltd. on the gem announced on January 20, 2022 (T + 2), so as to ensure that their capital account will eventually have sufficient new share subscription funds on January 20, 2022 (T + 2), The insufficient part shall be deemed as abandoning 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.

The shares abandoned by the winning investors shall be underwritten by the sponsor (lead underwriter).

2. The shares issued online this time have no circulation restrictions and restricted sales period arrangements, and can be circulated from the date of listing of the shares issued this time on the Shenzhen Stock Exchange.

3. When the total number of shares paid and subscribed by online investors is less than 70% of the number of this public offering, the issuer and the recommendation institution (lead underwriter) will suspend the issuance of new shares and disclose the reasons for the suspension and subsequent arrangements.

4. 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. Issuer: sponsor (lead underwriter) of Jiangsu Juncheng Electronic Technology Co., Ltd.: Haitong Securities Company Limited(600837) January 19, 2022 (no text on this page) Seal page of the announcement of Jiangsu Juncheng Electronic Technology Co., Ltd. on initial public offering of shares and listing on the gem, online pricing, subscription and winning rate)

Issuer: Jiangsu Juncheng Electronic Technology Co., Ltd. (there is no text on this page, which is the seal page of the announcement on the subscription and winning rate of Jiangsu Juncheng Electronic Technology Co., Ltd. for initial public offering and online pricing issuance listed on the GEM)

Sponsor (lead underwriter): Haitong Securities Company Limited(600837) mm / DD / yy

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