Core Viewpoint - Huadian New Energy Group Co., Ltd. has successfully completed its initial public offering (IPO) and received approval for listing on the Shanghai Stock Exchange, marking a significant milestone for the company [1][2]. Issuance Details - The initial number of shares issued is 496,894,421.4 shares, representing approximately 12.13% of the total share capital post-issuance, with all shares being newly issued [2][3]. - The offering price is set at 3.18 RMB per share, with a total of 149,068,300 shares allocated for online issuance [4][8]. - The strategic placement accounts for 50% of the initial issuance, amounting to 248,447,210.7 shares, with the remaining shares allocated for offline and online investors [3][8]. Subscription and Allocation - The online subscription received a total of 11,491,780 valid applications, with a total of 389,298,900,500 shares applied for, resulting in an initial online winning rate of 0.3829% [7]. - The final online winning rate, after the implementation of the over-allotment option, is adjusted to 0.5637% [9]. - The offline issuance before the adjustment was 173,913,060.7 shares, which is approximately 53.85% of the initial issuance after deducting the strategic placement [3][9]. Mechanisms and Regulations - A mechanism is in place to ensure that if the total subscription from online and offline investors does not meet 70% of the total issuance, the shares will be underwritten by the joint sponsors [6]. - Investors who fail to pay for shares after winning a subscription may face restrictions on future participation in IPOs for a specified period [7]. - The allocation of shares includes a lock-up period of 6 months for 70% of the shares, while 30% will be freely tradable immediately after listing [6].
华电新能: 华电新能首次公开发行股票并在主板上市网上发行申购情况及中签率公告
Zheng Quan Zhi Xing·2025-07-07 12:16