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 lead underwriter will exclude bids from investors that do not meet the requirements based on the preliminary inquiry results. All qualified allocation targets will be ranked by bid price from high to low, and for the same bid price, by the proposed subscription quantity from small to large, and by the time of declaration (as recorded by the Shenzhen Stock Exchange's offline issuance electronic platform) 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%. When the lowest price in the excluded highest bid section is the same as the determined issuance price, subscriptions at that price will not be excluded. Excluded allocation targets are not allowed to participate in offline subscriptions.
Lock-up Period Arrangement for Offline Issuance
The offline issuance will adopt a proportional lock-up method. Offline investors must commit that 40% (rounded up) of the shares allocated to them will be subject to a lock-up period of 6 months from the date of the issuer's stock's initial public offering and listing. Specifically, 60% of the shares allocated to each allocation target will have no lock-up period and can be circulated from the date the shares are listed on the Shenzhen Stock Exchange; 40% of the shares will be subject to a lock-up period of 6 months, starting from the date the shares are listed on the Shenzhen Stock Exchange.
Huike Co., Ltd. (hereinafter referred to as "Huike," "the issuer," or "the company") is organizing the initial public offering and listing on the main board in accordance with the relevant laws and regulations, including the "Regulations on the Administration of Securities Issuance and Underwriting" issued by the China Securities Regulatory Commission (CSRC), the "Regulations on the Administration of Initial Public Offerings" (CSRC Order No. 205), and the "Implementation Rules for the Issuance and Underwriting of Securities for Initial Public Offerings" (Shenzhen Stock Exchange [2026] No. 552). The lead underwriter for this issuance is China International Capital Corporation Limited (hereinafter referred to as "CICC," "the sponsor (lead underwriter)," or "the lead underwriter"). The preliminary inquiry and offline issuance will be conducted through the Shenzhen Stock Exchange's offline issuance electronic platform and the registration and settlement platform of China Securities Depository and Clearing Corporation Limited 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 are advised to pay special attention to the issuance method, overallotment option, offline exclusion ratio, offline lock-up, and reallocation mechanism, as detailed below: