Hunan Shengjing Shanhe Biotechnology Co., Ltd. (hereinafter referred to as "the Issuer" or "Shengjing Shanhe") has received approval from the China Securities Regulatory Commission for its initial public offering of no more than 17 million ordinary shares (A shares) (hereinafter referred to as "this issuance") under document [2010]1719. This issuance combines offline allocation through inquiry pricing (hereinafter referred to as "offline issuance") and online pricing for public investors (hereinafter referred to as "online issuance"). Based on preliminary inquiry results, the Issuer and Ping An Securities Co., Ltd. (hereinafter referred to as "the Sponsor" or "the Lead Underwriter") have set the issuance price at 34.20 RMB per share, with an offline issuance quantity of 3.4 million shares, accounting for 20% of the total issuance.
The offline subscription and payment process for this issuance ended on December 8, 2010. The subscription funds paid by the participating offline bidders have been verified by Zhongzhen International Accounting Firm Co., Ltd., and the offline issuance process was witnessed by Shanghai Jintiancheng Law Firm, which issued a special legal opinion.
According to the "Announcement of Initial Public Offering of Hunan Shengjing Shanhe Biotechnology Co., Ltd." published on December 7, 2010 (hereinafter referred to as "the Issuance Announcement"), this announcement is deemed as the final allocation notification delivered to the offline bidders upon publication.
I. Offline Subscription and Payment Status
In accordance with the "Measures for the Administration of Securities Issuance and Underwriting" (2010 revision), the Lead Underwriter verified and confirmed the qualifications of the offline bidders based on the list of inquiry objects filed with the China Securities Association. Based on the final effective subscription results received through the offline issuance electronic platform, the Lead Underwriter made the following final statistics: After verification, all 73 bidders who submitted valid applications during the preliminary inquiry paid their subscription funds in full and on time as required by the Issuance Announcement, with effective subscription funds amounting to 2.12211 billion RMB and an effective subscription quantity of 62.05 million shares.
II. Offline Subscription Number Allocation and Lottery Results
The number of valid subscription accounts participating in this offline lottery allocation was 73, with a total valid subscription quantity of 62.05 million shares and a total of 73 allocation numbers, with each bidder assigned one number, starting from 01 to 73. On December 9, 2010 (T+1 day, Thursday), the Issuer and the Sponsor (Lead Underwriter) hosted the lottery draw on the second floor of Building 10, Hongli Road, Shenzhen. The lottery ceremony was conducted under the supervision of a representative from the Luohu Notary Office in Shenzhen, adhering to the principles of openness, fairness, and justice. A total of four bidders won the lottery, with each bidder allocated 850,000 shares of Shengjing Shanhe stock. The winning numbers were: 67, 58, 14, 70.
III. Offline Allocation Results
The total number of shares issued in this offline issuance was 3.4 million shares, with an allocation ratio of 5.47945% and a subscription multiple of 18.25 times. The final allocation status for the bidders based on the lottery results is as follows:
| No. | Bidder Name | Valid Subscription Quantity (10,000 shares) | Actual Allocated Shares (10,000 shares) |
|---|---|---|---|
| 1 | CITIC Securities Bond Optimization Collective Asset Management Plan (offline allocation qualification until January 5, 2019) | 85 | 85 |
| 2 | Aijian Securities Co., Ltd. Self-operated Investment Account | 85 | 85 |
| 3 | Trust-managed Taiping Life Insurance Co., Ltd. - Traditional - Ordinary Insurance Products | 85 | 85 |
| 4 | China Merchants Credit Tianli Bond-type Securities Investment Fund | 85 | 85 |