Announcement on the Online Pricing and Issuance of TCL Group Co., Ltd. Stock
Lead Underwriter: China International Capital Corporation
Special Notice
TCL Group Co., Ltd. (hereinafter referred to as "the Issuer" or "TCL Group") announces that this issuance of new shares is contingent upon the merger with TCL Communication Equipment Co., Ltd. (stock code 000542) and will proceed simultaneously. Since TCL Communication Equipment Co., Ltd. is a listed company on the Shenzhen Stock Exchange, TCL Group will apply for listing on the Shenzhen Stock Exchange after this new share issuance. Due to technical reasons, this issuance will not adopt the market value allocation method but will use online pricing and fund subscription methods.
Important Notices
- The stock issuance by TCL Group has been approved by the China Securities Regulatory Commission (CSRC) under document number [2004]1.
- This issuance includes both a public offering and a share exchange. The public offering portion will be organized by the lead underwriter, China International Capital Corporation, through the Shenzhen Stock Exchange trading system.
- The specific regulations regarding subscriptions in this announcement only apply to the public offering portion. For details on the share exchange, please refer to the merger report published on the same day in "China Securities Journal" and "Securities Times."
- The public offering will adopt an all-online pricing issuance method (hereinafter referred to as "online pricing"), with the stock subscription abbreviated as "TCL Group" and the subscription code as 000100.
- The issuance price is 4.26 RMB per share. The total number of shares issued is 99,439,594.44 shares, of which 59 million shares are for online pricing issuance and 40,439,594.44 shares are for share exchange.
- Domestic individuals and legal entities (except those prohibited by laws and regulations) with accounts at China Securities Depository and Clearing Corporation Limited Shenzhen Branch can participate in the online pricing issuance subscription.
- This online pricing issuance does not constitute a listing; further announcements regarding the listing of these shares will be made separately.
- Investors are advised to pay attention to the subscription procedures, subscription prices, subscription targets, limits on subscription quantities and times, and the determination of subscription amounts.
- This announcement only explains matters related to the Issuer's online pricing issuance of shares and does not constitute any investment advice regarding this issuance. Investors wishing to understand the issuance details should carefully read the full text of the "TCL Group Co., Ltd. Initial Public Offering Prospectus," the summary of which was published on January 5, 2004, in "China Securities Journal," "Securities Times," and "Securities Daily." Investors can also visit the following website to check the full prospectus and related information about this issuance: http://www.cninfo.com.cn.
- In this issuance, each securities account can only subscribe once. Investors must not illegally use others' accounts or funds for subscription, nor may they engage in illegal financing or assist others in illegal financing for subscription.
- The Issuer and the lead underwriter remind investors participating in this public offering that, according to the issuance plan, investors may bear the risk of fund occupation due to not being able to subscribe for shares in this issuance.
- Important dates for this issuance:
- January 5, 2004 (T-2): Publication of the prospectus summary, issuance announcement, and online roadshow announcement; online roadshow held.
- January 7, 2004 (T): Online pricing issuance payment subscription date.
- January 12, 2004 (T+3): Announcement of the winning rate; lottery drawing for online subscriptions based on the winning rate.
- January 13, 2004 (T+4): Announcement of the lottery results; unallocated funds from the online pricing issuance will be unfrozen.