Preliminary Inquiry and Recommendation Announcement for Initial Public Offering and Listing on the Main Board
Sponsor (Lead Underwriter): China International Capital Corporation Limited
Special Reminder: The high-price exclusion ratio for this issuance: After the preliminary inquiry ends, the issuer and the sponsor (lead underwriter) will exclude bids from investors that do not meet the requirements based on the preliminary inquiry results. The bids from all qualified offline investors will be sorted by subscription price from high to low, and within the same subscription price, by the proposed subscription quantity from small to large, and by the declaration time from late to early. The highest portion of bids will be excluded, with the excluded proposed subscription volume not exceeding 3% of the total proposed subscription volume from all qualified offline investors. This issuance will implement a maximum bid exclusion ratio of 3%. If the lowest price in the excluded highest bid section is the same as the determined issuance price, the subscription at that price will not be excluded. The excluded bidders cannot participate in offline subscriptions.
Shimen Supply Chain Management Co., Ltd. (hereinafter referred to as "Shimen Shares," "the issuer," or "the company") is organizing the initial public offering of shares and listing on the main board in accordance with the relevant laws, regulations, and self-regulatory rules, including the "Measures for the Administration of Securities Issuance and Underwriting" (CSRC Order No. 228), "Measures for the Administration of Initial Public Offering Registration" (CSRC Order No. 205), and the Shenzhen Stock Exchange's "Implementation Rules for the Issuance and Underwriting of Securities for Initial Public Offerings" (2025 Revision) (Shenzhen Stock Exchange Document No. [2025] 267), among others.
China International Capital Corporation Limited (hereinafter referred to as "CICC," "the sponsor (lead underwriter)," or "the lead underwriter") serves as the sponsor (lead underwriter) for this issuance. The preliminary inquiry and offline subscription will be conducted through the Shenzhen Stock Exchange's offline issuance electronic platform (hereinafter referred to as "the offline issuance electronic platform") and the Shenzhen branch of China Securities Depository and Clearing Corporation Limited (hereinafter referred to as "China Clearing Shenzhen Branch"). Offline investors are requested to read this announcement carefully. For detailed information regarding the preliminary inquiry and offline subscription, please refer to the relevant provisions of the "Implementation Rules for Offline Issuance" published on the Shenzhen Stock Exchange website (www.szse.cn).
Investors should pay special attention to the issuance method, reallocation mechanism, online and offline subscription, payment, and handling of abandoned shares, as detailed below:
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Issuance Method: This issuance will adopt a combination of offline inquiries for qualified investors (hereinafter referred to as "offline issuance") and online pricing for public investors holding non-restricted A-shares and non-restricted depository receipts in the Shenzhen market (hereinafter referred to as "online issuance"). The preliminary inquiry and online and offline issuance will be organized and implemented by the sponsor (lead underwriter). The preliminary inquiry and offline issuance will be conducted through the Shenzhen Stock Exchange's offline issuance electronic platform (https://eipo.szse.cn) and the China Clearing Shenzhen Branch's registration and settlement platform. Online issuance will be conducted through the Shenzhen Stock Exchange trading system. Offline investors are requested to read this announcement and the "Implementation Rules for Online Issuance" published by the Shenzhen Stock Exchange carefully.
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The issuer and the sponsor (lead underwriter) will directly determine the issuance price through offline preliminary inquiries, and no cumulative bidding inquiries will be conducted offline.