Core Viewpoint - Daming Electronics Co., Ltd. is set to conduct its initial public offering (IPO) and list on the Shanghai Stock Exchange, following approval from the China Securities Regulatory Commission and adherence to various regulatory guidelines [1][16]. Group 1: Issuance Details - The company plans to issue a total of 400.01 million shares, representing 10% of the total share capital post-issuance [18]. - The issuance will consist entirely of new shares, with no existing shares being transferred [18]. - The initial strategic placement will involve 80.002 million shares, accounting for 20% of the total issuance [19]. Group 2: Distribution Method - The issuance will utilize a combination of strategic placement, offline issuance, and online issuance, with the lead underwriter, Guotai Junan Securities, overseeing the process [2][16]. - The offline issuance will be conducted through an internet trading platform, while the online issuance will occur via the Shanghai Stock Exchange trading system [2][16]. Group 3: Pricing Mechanism - The issuance price will be determined through preliminary inquiries from qualified investors, without cumulative bidding [19]. - The pricing will consider factors such as the company's profitability, future growth potential, and comparable company valuations [19][12]. Group 4: Lock-up Period - For the online issuance, there will be no restrictions on trading, allowing shares to be freely traded upon listing [20]. - For the offline issuance, 10% of the allocated shares will be subject to a six-month lock-up period, while 90% will be tradable immediately upon listing [20].
大明电子股份有限公司首次公开发行股票并在主板上市发行安排及初步询价公告
Shang Hai Zheng Quan Bao·2025-10-15 19:24