001202SZSE

Announcement of Results of Initial Public Offering of Shares

Jushen Co., Ltd.·

✨ AI Summary

Guangdong Jushen Logistics Co., Ltd. has successfully completed its initial public offering (IPO) of up to 32.242 million shares at a price of 15.09 RMB per share. The final allocation resulted in 2.9018 million shares issued online and 0.3224 million shares issued offline. The total funds raised amount to approximately 485 million RMB, with the underwriting institution being Minsheng Securities Co., Ltd.

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Full Translation

AI Translation· azure_openai

Announcement of Results of Initial Public Offering of Shares

Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "Jushen Co." or "the Issuer") has received approval from the China Securities Regulatory Commission for its initial public offering of no more than 32.242 million ordinary shares (A shares) (hereinafter referred to as "this issuance") under document [2021] No. 1117. The lead underwriter for this issuance is Minsheng Securities Co., Ltd. (hereinafter referred to as "Minsheng Securities" or "the lead underwriter"). The stock abbreviation for the Issuer is "Jushen Co." and the stock code is "001202". This issuance was conducted through a combination of offline inquiries to investors (hereinafter referred to as "offline issuance") and online pricing issuance to public investors holding non-restricted A shares in the Shenzhen market (hereinafter referred to as "online issuance").
The Issuer and the lead underwriter jointly determined the issuance price to be 15.09 RMB per share, with a total issuance quantity of 32.242 million shares. No existing shares were transferred in this issuance, and all shares issued are new shares. Before the activation of the reallocation mechanism, the initial offline issuance quantity was 19.346 million shares, accounting for 60% of the total issuance; the initial online issuance quantity was 12.896 million shares, accounting for 40% of the total issuance. After the reallocation mechanism was activated, the final offline issuance quantity was 3.224 million shares, accounting for 10% of the total issuance; the final online issuance quantity was 29.018 million shares, accounting for 90% of the total issuance. The payment work for this issuance, both online and offline, was completed on April 21, 2021 (T+2).

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