Core Points - The article outlines the procedures and requirements for offline investors to participate in the initial pricing inquiry for a stock issuance scheduled for September 30, 2025 [1][2][3] Group 1: Initial Inquiry Process - The preliminary inquiry will take place on September 30, 2025, from 9:30 AM to 3:00 PM, where eligible offline investors can submit their proposed purchase prices and quantities [1][2] - Offline investors must register with the China Securities Association by September 29, 2025, and complete necessary account setups to participate [1][2][3] Group 2: Pricing and Quotation Requirements - Offline investors are required to submit their pricing basis and suggested price or price range before the inquiry begins, with personal investors needing to confirm their pricing basis with a signature [2][3][4] - Investors can submit up to three different quotes, with the highest quote not exceeding 120% of the lowest quote [3][4] Group 3: Minimum Subscription Requirements - The minimum subscription quantity for designated offline investors is set at 1 million shares, with increments of 100,000 shares thereafter [4][5] - Each designated investor can subscribe for a maximum of 37 million shares, which represents approximately 49.15% of the initial offline issuance [4] Group 4: Compliance and Risk Management - Offline investors must adhere to industry regulations and ensure that their subscription amounts do not exceed their asset scale or fund size [4][6][8] - A verification function for pricing basis has been added to the electronic platform to promote prudent quoting by offline investors [4][6] Group 5: Issuance and Subscription Timeline - The offline subscription period is set for October 13, 2025, where all valid quoting investors must participate [18] - The online subscription will also occur on October 13, 2025, with specific time slots for participation [19][20] Group 6: Allocation and Distribution Mechanism - The issuance will adopt a proportional allocation method, with different categories of investors receiving different allocation ratios [25][26] - If the total valid subscription amount is less than the initial issuance quantity, the issuance will be suspended [27] Group 7: Payment and Compliance - Offline investors must ensure that their subscription funds are fully paid by October 15, 2025, or their allocations will be deemed invalid [29][30] - Investors who fail to comply with payment requirements may face penalties and be reported to the China Securities Association [30][32]
马可波罗控股股份有限公司 首次公开发行股票并在主板上市初步询价及推介公告