Chengdu Superpure Applied Materials Co., Ltd.
Announcement of Initial Public Offering of Shares and Listing on the ChiNext Market
Sponsor (Lead Underwriter): Huatai United Securities Co., Ltd.
Special Notice
Chengdu Superpure Applied Materials Co., Ltd. (hereinafter referred to as "Superpure Applied Materials," "Issuer," or "Company") is implementing its initial public offering (IPO) and listing on the ChiNext market in accordance with relevant laws, regulations, regulatory provisions, and self-regulatory rules, including the "Administrative Measures for Securities Issuance and Underwriting," the "Administrative Measures for Registration of Initial Public Offering of Shares," and the Shenzhen Stock Exchange's implementation rules for IPO issuance and underwriting.
Huatai United Securities Co., Ltd. (hereinafter referred to as "Huatai United Securities," "Sponsor (Lead Underwriter)," or "Lead Underwriter") serves as the sponsor and lead underwriter for this offering.
Strategic placement for this offering is conducted by the Sponsor (Lead Underwriter). Preliminary inquiry and offline issuance are conducted through the Shenzhen Stock Exchange (SZSE) offline issuance electronic platform and the China Securities Depository and Clearing Corporation (CSDC) Shenzhen Branch registration and settlement platform. Online issuance is conducted through the SZSE trading system.
The issue price of 65.99 yuan per share corresponds to a post-dilution P/E ratio of 36.38 times based on the issuer's 2025 net profit attributable to shareholders of the parent company (before or after deduction of non-recurring profit or loss, whichever is lower). This is lower than the average static P/E ratio of 70.62 times for the "C39 Computer, Communication and Other Electronic Equipment Manufacturing" industry as of July 27, 2026, and lower than the average static P/E ratio of 78.79 times for comparable listed companies in the same industry. However, there remains a risk of share price decline.
Investors should focus on the issuance process, online/offline subscription and payment, and the handling of abandoned shares.
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The offering combines targeted placement to strategic investors ("Strategic Placement"), inquiry placement to qualified offline investors ("Offline Issuance"), and pricing issuance to public investors holding non-restricted A-share market value in Shenzhen ("Online Issuance").
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Following the preliminary inquiry, the Issuer and the Lead Underwriter excluded 402 placement objects whose proposed subscription prices were higher than 66.99 yuan per share, or whose proposed subscription price was 66.99 yuan per share with a proposed quantity below 1.90 million shares. The total excluded volume was 1.788 billion shares, approximately 2.9978% of the total proposed subscription volume after excluding invalid quotes.
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The issue price is set at 65.99 yuan per share. Offline investors shall subscribe on July 31, 2026 (T-day) without paying subscription funds in advance. Offline subscription hours are 09:30-15:00, and online subscription hours are 09:15-11:30 and 13:00-15:00.
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The issue price does not exceed the median and weighted average of offline investor quotes (after excluding the highest quotes) and the median and weighted average of quotes from public funds, social security funds, pension funds, annuity funds, insurance funds, and qualified foreign investor funds. Consequently, the sponsor's subsidiary, Huatai Innovation Investment Co., Ltd., is not required to participate in the strategic placement.
The final strategic placement includes a special asset management plan for senior management and core employees (Superpure Applied Materials Employee Asset Management Plan) and large enterprises with strategic cooperation or long-term cooperation intentions. The final strategic placement quantity for the employee plan is 2,546,000 shares (10.00% of the issue), and 4,546,140 shares (17.85% of the issue) for other strategic investors. The initial strategic placement was 7.638461 million shares (30.00%); the final quantity is 7.092140 million shares (27.85%). The difference of 0.546321 million shares is clawed back to the offline issuance.