Anhui Tongguan copper foil Group Co., Ltd
Announcement of IPO results and listing on GEM
Sponsor (co lead underwriter): Guotai Junan Securities Co.Ltd(601211)
Co lead underwriter: Ping An Securities Co., Ltd
hot tip
The application of Anhui Tongguan copper foil Group Co., Ltd. (hereinafter referred to as the “issuer” or “company”) for the initial public offering of 207253886 ordinary 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 (hereinafter referred to as “CSRC”) (zjxk [2021] No. 3834). Guotai Junan Securities Co.Ltd(601211) (hereinafter referred to as “sponsor (co lead underwriter)”, “co lead underwriter” or ” Guotai Junan Securities Co.Ltd(601211) “) serves as the sponsor (co lead underwriter) of this offering, and Ping An Securities Co., Ltd. (hereinafter referred to as “co lead underwriter” or “Ping An Securities”) serves as the co lead underwriter of this offering. The issuer’s shares are abbreviated as “Copper Crown copper foil” and the stock code is “301217”.
The issuer and the joint lead underwriters negotiated and determined that the number of shares to be issued this time is 207253886, and the issue price is RMB 17.27/share. The issuing price of this offering does not exceed the median and weighted average of the offline investors’ quotation after excluding the highest quotation, as well as the Securities Investment Fund (hereinafter referred to as “public fund”), the National Social Security Fund (hereinafter referred to as “social security fund”), the basic old-age insurance fund (hereinafter referred to as “pension”) established through public offering after excluding the highest quotation The enterprise annuity fund (hereinafter referred to as “enterprise annuity fund”) established in accordance with the measures for the administration of enterprise annuity fund and the insurance fund (hereinafter referred to as “insurance fund”) in accordance with the measures for the administration of the use of insurance funds and other provisions, whichever is lower, is 17.2723 yuan / share. According to item (IV) of Article 39 of the detailed rules for the implementation of the issuance and underwriting business of initial public offering on the gem of Shenzhen Stock Exchange (revised in 2021) (SZS [2021] No. 919) (hereinafter referred to as the “detailed rules”), the relevant subsidiary of the sponsor Guotai Junan Securities Co.Ltd(601211) Zhengyu Investment Co., Ltd. (hereinafter referred to as “Zhengyu investment”) is not required to participate in this strategic placement, The number of shares initially participating in the follow-up investment of csyu investment will be fully transferred back to offline issuance.
According to the final price, the final strategic placement quantity of the special asset management plan Guotai Junan Securities Co.Ltd(601211) Junxiang gem Tongguan copper foil No. 1 strategic placement collective asset management plan for senior managers and core employees of the issuer (hereinafter referred to as “Tongguan copper foil No. 1 asset management plan”) is 4124145 shares, accounting for 1.99% of the issuance quantity. The initial strategic placement quantity of this issuance is 3108808200 shares, accounting for 15.00% of the issuance quantity. All the subscription funds of the strategic investors have been remitted to the bank account designated by the joint lead underwriters within the specified time. The final number of strategic placement was 4124145 shares, accounting for 1.99% of the number of shares issued this time. The difference between the initial strategic placement and the final strategic placement of 26963937 shares will be transferred back to offline issuance.
Finally, this issuance adopts 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 or non restricted depositary receipts in Shenzhen market (hereinafter referred to as “online issuance”).
After the strategic placement callback and before the online and offline callback mechanism was launched, the number of offline issued shares was 167896741, accounting for 82.65% of the number issued after deducting the final strategic placement; The number of shares issued online was 35.233 million, accounting for 17.35% of the number issued after deducting the final strategic placement. The total number of final offline and online issuance is 20312974100 shares, and the final number of online and offline issuance will be determined according to the call back situation.
According to the callback mechanism announced in the announcement of Anhui Tongguan copper foil Group Co., Ltd. on initial public offering and listing on the gem, the issuer and the joint lead underwriters decided to start the callback mechanism because the initial effective subscription multiple on the Internet was 5958.47467 times, higher than 100 times, After deducting the final strategic placement, 20.00% (rounded up to an integral multiple of 500 shares, i.e. 40626000 shares) of the number of shares issued this time will be transferred back from the offline to the online.
After the call back, the final number of offline shares issued was 12727074100, accounting for 62.65% of the number of shares issued after deducting the final strategic placement; The final number of shares issued online was 75.859000 million, accounting for 37.35% of the total issued after deducting the final strategic placement. After the call back, the final winning rate of this online pricing issuance is 0.0361345285%, and the subscription multiple is 2767.43614 times.
The online and offline subscription and payment of this offering has been completed on January 20, 2022 (T + 2). The details are as follows:
1、 Statistics on subscription of new shares
According to the data provided by Shenzhen Stock Exchange and Shenzhen Branch of China depository and Clearing Corporation Limited (hereinafter referred to as “Shenzhen Branch of China Clearing”), the joint lead underwriters have made statistics on the subscription of new shares issued online and offline. The results are as follows:
(I) strategic placement
The issue price is 17.27 yuan / share, which does not exceed the lower of the “four values”. Therefore, the relevant subsidiary of the sponsor, securities margin investment, does not need to participate in the strategic placement of this issue, and the number of shares initially participated in the follow-up investment of securities margin investment will be fully transferred back to the offline issuance. According to the finally determined price, the final strategic placement quantity of the special asset management plan for the senior management and core employees of the issuer is 4124145 shares.
As of January 13, 2022 (T-3), zyu investment has paid 150 million yuan in full and on time, and Tongguan copper foil No. 1 asset management plan has paid 71.224 million yuan in full and on time. If the initial payment amount exceeds the amount corresponding to the final number of allocated shares, the co lead underwriters will return it according to the original payment path before January 24, 2022 (T + 4). According to the relevant agreements in the strategic placement agreement signed by the issuer and strategic investors, the strategic placement results of this issuance are determined as follows:
Serial no. Name of strategic investor number of allocated shares (shares) amount allocated (yuan) sales restriction period
1 copper crown copper foil 1 asset management 4124145 71223984.15 12 months
plan
Total 4124145 71223984.15 –
(II) online subscription of new shares
1. Number of shares subscribed by online investors (shares): 75489195
2. Subscription amount paid by online investors (yuan): 1303698397.65
3. Number of online investors giving up subscription (shares): 369805
4. Subscription amount abandoned by online investors (yuan): 6386532.35
(III) offline subscription of new shares
1. Number of shares subscribed by offline investors (shares): 127270741
2. Subscription amount paid by offline investors (yuan): 2197965697.07
3. Number of offline investors giving up subscription (shares): 0
4. Subscription amount abandoned by offline investors (yuan): 0
2、 Offline proportional restriction
The offline issuance part adopts the proportional sales restriction method, and the offline investors shall promise that the sales restriction period of 10% (rounded up) of the number of shares allocated to them is 6 months from the date of the issuer’s initial public offering and listing.
That is, among the shares allocated to each placing object, 90% of the shares are sold indefinitely and can be circulated from the date when the issued shares are listed and traded on the Shenzhen Stock Exchange; The sales restriction period of 10% of the shares is 6 months, which shall be calculated from the date of listing and trading of the issued shares on the Shenzhen Stock Exchange.
When offline investors participate in the preliminary inquiry and quotation and offline subscription, they do not need to fill in the arrangement of the sales restriction period for the placing objects under their management. Once the quotation is made, it is deemed to accept the arrangement of the online sales restriction period disclosed in this announcement.
In this offering, the number of shares whose offline proportion is restricted for 6 months is 12730237, accounting for about 10.00% of the total offline offering and 6.14% of the total public offering.
3、 Underwriting by joint lead underwriters
The number of shares abandoned by online and offline investors is underwritten by the joint lead underwriters. The number of shares underwritten by the joint lead underwriters this time is 369805 shares, the underwriting amount is 6386532.35 yuan, and the number of underwritten shares accounts for 0.18% of the total issued number.
On January 24, 2022 (T + 4), the joint lead underwriters transferred the underwriting funds, strategic placement funds and funds paid and subscribed by online and offline investors to the issuer after deducting the recommendation and underwriting fee. The issuer submitted a share registration application to CSDCC Shenzhen Branch and registered the underwriting shares to the securities account designated by the joint lead underwriters. 4、 Contact information of CO lead underwriters
If online and offline investors have any questions about the placement results announced in this announcement, please contact the joint lead underwriters of this offering. The specific contact information is as follows: 1. Sponsor (co lead underwriter): Guotai Junan Securities Co.Ltd(601211)
Tel.: 021-38676888
Contact: capital market department 2. Co lead underwriter: Ping An Securities Co., Ltd
Tel: 0755-22626653
Contact: capital market department
Issuer: sponsor of Anhui Tongguan copper foil Group Co., Ltd. (co lead underwriter): Guotai Junan Securities Co.Ltd(601211) co lead underwriter: Ping An Securities Co., Ltd. January 24, 2022
(there is no text on this page, which is the seal page of the announcement on the results of Anhui Tongguan copper foil Group Co., Ltd. initial public offering and listing on the GEM)
Issuer: Anhui Tongguan copper foil Group Co., Ltd
(there is no text on this page, which is the seal page of the announcement on the results of Anhui Tongguan copper foil Group Co., Ltd. initial public offering and listing on the GEM)
Sponsor (co lead underwriter): Guotai Junan Securities Co.Ltd(601211) mm / DD / yy
(there is no text on this page, which is the seal page of the announcement on the results of Anhui Tongguan copper foil Group Co., Ltd. initial public offering and listing on the GEM)
Co lead underwriter: Ping An Securities Co., Ltd. mm / DD / yyyy
