8a0dfd88f0
Request: - Add extracted PDF text generation to the archivist workflow as a standard step. Changes: - Run PDF text extraction automatically for newly archived HKEX PDF sources. - Make the PDF text extractor incremental and manifest-preserving. - Document extracted-text handling in the archivist skill and README. - Mark generated extracted text as no-diff data evidence. - Backfill extracted text for all archived PDF source references. Verification: - Ran git diff --cached --check. - Ran .venv/bin/python -m py_compile scripts/extract_pdf_text.py scripts/archive_hkex_documents.py. - Ran full PDF extraction, then confirmed an incremental rerun skips unchanged files. - Verified 557 PDF source_refs, 557 manifest rows, all status ok, and zero missing text/hash/path issues. Next useful context: - HKEX HTML notices and Yahoo JSON market data remain under data/raw and are not expected in data/extracted_text.
1956 lines
49 KiB
Plaintext
1956 lines
49 KiB
Plaintext
--- page 1 ---
|
||
1
|
||
CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED /
|
||
寧德時代新能源科技股份有限公司
|
||
ANNOUNCEMENT OF ALLOTMENT RESULTS
|
||
|
||
|
||
Warning: In view of hi gh concentration of shareholdin g in a small number of
|
||
Shareholders, Shareholders and prospective in vestors should be aware that the price
|
||
of the H Shares could move substantially even with a small number of H Shares traded
|
||
and should exercise extreme caution when dealing in the H Shares.
|
||
SUMMARY
|
||
|
||
Company Information
|
||
Stock Code 3750
|
||
Stock Short Name CATL
|
||
Dealings commencement date May 20, 2025*
|
||
* see note at the end of the announcement
|
||
|
||
Price Information
|
||
Final Offer Price HK$263.00
|
||
Maximum Offer Price HK$263.00
|
||
Offer Price Adjustment exercised N/A
|
||
|
||
Offer Shares and Share Capital
|
||
Number of Offer Shares 135,578,600
|
||
Number of Offer Shares in Hon g Kon g
|
||
Public Offering (after taking into
|
||
account the full exercise of the Offer Size
|
||
Adjustment Option)
|
||
10,168,400
|
||
Number of Offer Shares in International
|
||
Offering (after taking into account the
|
||
full exercise of the Offer Size Adjustment
|
||
Option)
|
||
125,410,200
|
||
Number of issued Shares upon Listin g
|
||
(before exercise of the Over-allotment
|
||
Option)
|
||
4,538,973,511
|
||
The number of Offer Shares above is determined after taking into account the additional
|
||
Offer Shares issued under the following Offer Size Adjustment Option.
|
||
|
||
Offer Size Adjustment Option (Upsize option)
|
||
Number of additional shares issued
|
||
under the option
|
||
17,684,100
|
||
- Hong Kong Public Offering 1,326,300
|
||
- International Offering 16,357,800
|
||
|
||
|
||
--- page 2 ---
|
||
2
|
||
The Offer Size Adjustment Option has been exercised in full, pursuant to which the Company
|
||
is issuing and allotting 17,684,100 additional Offer Shares, representing approximately
|
||
15.00% of the total number of Offer Shares initially available under the Global Offering, at
|
||
the final Offer Price.
|
||
|
||
As the Hong Kong Public Offering is oversubscribed by more than 0.15 time, the additional
|
||
Offer Shares issued and allotted
|
||
pursuant to the Offer Size Adjustment Option will be
|
||
allocated in accordance with the initial proportionality of 7.5%:92.5% between the Hong
|
||
Kong Public Offering and the International Offering.
|
||
|
||
Over-allocation
|
||
No. of Offer Shares over-allocated 20,336,700
|
||
Such over-allocation may be covered by exercising the Over-allotment Option or by making
|
||
purchases in the secondary market at prices that do not exceed the Of fer Price or through
|
||
deferred delivery or a combination of these means. In the event the Over-allotment Option
|
||
is exercised, an announcement will be made on the Stock Exchange’ s website.
|
||
|
||
Proceeds
|
||
Gross proceeds (Note) HK$35,657.2 million
|
||
Less: Estimated listin g expenses
|
||
payable based on Final Offer
|
||
Price
|
||
HK$325.9 million
|
||
Net Proceeds HK$35,331.2 million
|
||
Note: Gross proceeds refers to the amount which the Company is entitled to receive. For
|
||
details of the use of proceeds, please refer to the section headed “Future Plans and Use of
|
||
Proceeds” of the Prospectus. The Company will adjust the allocation of the net proceeds
|
||
from the exercise of the Offer Size Adjustment Option and the Over-allotment Option (if any)
|
||
for the purposes as set out in the section headed “Future Plans and Use of Proceeds” of the
|
||
Prospectus on a pro rata basis. During the Track Record Period, the Company did not incur
|
||
any listing expenses.
|
||
|
||
|
||
ALLOTMENT RESULTS DETAILS
|
||
|
||
HONG KONG PUBLIC OFFERING
|
||
|
||
|
||
No. of valid applications 310,827
|
||
No. of successful applications 69,891
|
||
Subscription level (before taking into account the Offer Size
|
||
Adjustment Option)
|
||
151.15
|
||
Claw-back triggered N/A
|
||
No. of Offer Shares initially availa ble under the Hong Kong Public
|
||
Offering
|
||
8,842,100
|
||
|
||
|
||
--- page 3 ---
|
||
3
|
||
Final no. of Offer Shares under the Hong Kong Public Offering (after
|
||
taking into account the full exercise of the Offer Size Ad justment
|
||
Option)
|
||
10,168,400
|
||
% of Offer Shares under the Hong Kong Public Offering to the Global
|
||
Offering (after taking into account the full exercise of the Offer Size
|
||
Adjustment Option)
|
||
7.50%
|
||
Note: For details of the final allocation of H Shares to the Hong Kong Public Offering,
|
||
investors can refer to www.eipo.com.hk/eIPOAllotment to perform a search by identification
|
||
number or www.eipo.com.hk/eIPOAllotment for the full list of allottees.
|
||
|
||
INTERNATIONAL OFFERING
|
||
|
||
|
||
No. of placees 428
|
||
Subscription Level (before taking into account the Offer Size
|
||
Adjustment Option)
|
||
15.17 times
|
||
No. of Offer Shares initially available under the International Offering 109,052,400
|
||
Final no. of Offer Shares under the International Offering (after taking
|
||
into account the full exercise of the Offer Size Adjustment Option)
|
||
125,410,200
|
||
% of Offer Shares under the International Offering to the Global
|
||
Offering (after taking into account the full exercise of the Offer Size
|
||
Adjustment Option)
|
||
92.50%
|
||
|
||
The Directors confirm that, to the best of their knowledge, information and belief, save for (a)
|
||
a waiver from strict compliance with Rule 10.04 of the Listing Ru les and a consent under
|
||
paragraph 5(2) of Appendix F1 to the Listing Rules (the “Placing Guidelines”) granted by the
|
||
Stock Exchange to permit H Shares in the Inte rnational Offering to be placed to certain
|
||
Existing Minority Shareholders and/or their close associates, and (b) a consent under Chapter
|
||
4.15 of the Guide for New Listing Applicants to permit the Company to, among other things,
|
||
allocate further H Shares in the International Offering to certa in Cornerstone Investors, (i)
|
||
none of the Offer Shares subscribed by the placees and the public have been financed directly
|
||
or indirectly by the Company, any of the Directors, Supervisors, chief executive of the Company,
|
||
substantial Shareholders, existing Shareholders of the Company or any of its subsidiaries or
|
||
their respective close associates; and (ii) none of the placees and the public who have
|
||
purchased the Offer Shares are accustomed to ta king instructions from the Company, any of
|
||
the Directors, Supervisors, chief executive of the Company, substantial Shareholders, existing
|
||
Shareholders of the Company or any of its subsid iaries or their respective close associates in
|
||
relation to the acquisition, disposal, voting or other disposition of H Shares registered in
|
||
his/her/its name or otherwise held by him/her/it.
|
||
|
||
The placees in the International Offering include the following:
|
||
|
||
Cornerstone Investors
|
||
|
||
|
||
--- page 4 ---
|
||
4
|
||
Investor
|
||
No. of Offer
|
||
Shares
|
||
allocated
|
||
% of total issued
|
||
H Shares after
|
||
the Global
|
||
Offering (after
|
||
taking into
|
||
account the full
|
||
exercise of the
|
||
Offer Size
|
||
Adjustment
|
||
Option and
|
||
assuming the
|
||
Over-allotment
|
||
Option is not
|
||
exercised)
|
||
% of total issued
|
||
share capital
|
||
after the Global
|
||
Offering (after
|
||
taking into
|
||
account the full
|
||
exercise of the
|
||
Offer Size
|
||
Adjustment
|
||
Option and
|
||
assuming the
|
||
Over-allotment
|
||
Option is not
|
||
exercised)
|
||
Existing
|
||
shareholders or
|
||
their close
|
||
associates
|
||
Sinopec
|
||
(Hong
|
||
Kong)
|
||
Limited
|
||
(“Sinopec
|
||
HK”) 14,736,800 10.87 0.32 No
|
||
Kuwait
|
||
Investment
|
||
Authority
|
||
(“KIA”) 14,736,800 10.87 0.32 Yes
|
||
HHLR CF,
|
||
L.P . 5,894,700 4.35 0.13 Yes
|
||
Shanghai
|
||
Gaoyi Asset
|
||
Management
|
||
Partnership
|
||
(Limited
|
||
Partnership)
|
||
(上海高毅資
|
||
產管理合夥
|
||
企業(有限合
|
||
夥))
|
||
(“Shanghai
|
||
Gaoyi”) and
|
||
CICC
|
||
Financial
|
||
Trading
|
||
Limited
|
||
(“CICC
|
||
FT”) (in 3,536,800 2.61 0.08 Yes
|
||
|
||
|
||
--- page 5 ---
|
||
5
|
||
connection
|
||
with Gaoyi
|
||
OTC Swaps)
|
||
Perseverance
|
||
Asset
|
||
Management
|
||
International
|
||
(Singapore)
|
||
Pte. Ltd.
|
||
(“Persevera
|
||
nce Asset
|
||
Managemen
|
||
t”) 2,357,800 1.74 0.05 Yes
|
||
Zenith Hop
|
||
International
|
||
Limited
|
||
(“Zenith
|
||
Hop”) 3,242,000 2.39 0.07 No
|
||
Abstract
|
||
Enigma
|
||
Limited 2,947,300 2.17 0.06 Yes
|
||
Shanghai
|
||
Greenwoods
|
||
Asset
|
||
Management
|
||
Co., Ltd (上
|
||
海景林資產
|
||
管理有限公
|
||
司)
|
||
(“Shanghai
|
||
Greenwoods
|
||
”) and CICC
|
||
FT (in
|
||
connection
|
||
with
|
||
Greenwoods
|
||
OTC Swaps) 1,473,600 1.09 0.03 Yes
|
||
Greenwoods
|
||
Asset
|
||
Management
|
||
Hong Kong
|
||
Limited
|
||
(“HK
|
||
Greenwoods 1,473,600 1.09 0.03 Yes
|
||
|
||
|
||
--- page 6 ---
|
||
6
|
||
”)
|
||
Pinpoint
|
||
Asset
|
||
Management
|
||
Limited
|
||
(“Pinpoint”) 2,947,300 2.17 0.06 No
|
||
UBS Asset
|
||
Management
|
||
(Singapore)
|
||
Limited
|
||
(“UBS AM
|
||
Singapore”) 2,947,300 2.17 0.06 Yes
|
||
WT Asset
|
||
Management
|
||
Limited
|
||
(“WT”) 2,947,300 2.17 0.06 Yes
|
||
CPE
|
||
Redwood
|
||
Investment
|
||
Limited
|
||
(“CPE
|
||
Investment”
|
||
) 2,357,800 1.74 0.05 No
|
||
Oaktree
|
||
Capital
|
||
Management,
|
||
L.P.
|
||
(“Oaktree”) 2,210,500 1.63 0.05 No
|
||
MX Bright
|
||
Charm (BVI)
|
||
Limited
|
||
(“MX
|
||
Bright”) 2,063,100 1.52 0.05 No
|
||
Mirae Asset
|
||
Securities
|
||
Co., Ltd and
|
||
Mirae Asset
|
||
Global
|
||
Investments
|
||
Co., Ltd.
|
||
(“Mirae
|
||
Investors”) 1,768,400 1.30 0.04 Yes
|
||
RBC Global
|
||
Asset 1,562,100 1.15 0.03 Yes
|
||
|
||
|
||
--- page 7 ---
|
||
7
|
||
Management
|
||
(Asia)
|
||
Limited
|
||
Pacific Asset
|
||
Management
|
||
Co., Limited
|
||
and CPIC
|
||
Investment
|
||
Management
|
||
(H.K.)
|
||
Company
|
||
Limited
|
||
(“CPIC
|
||
Investors”) 1,473,600 1.09 0.03 Yes
|
||
LMR Multi-
|
||
Strategy
|
||
Master Fund
|
||
Limited
|
||
(“LMR
|
||
Master
|
||
Fund”)
|
||
1,473,600
|
||
1.09 0.03 No
|
||
Luoyang
|
||
Science
|
||
Technology
|
||
lnnvate
|
||
Group, Ltd
|
||
(“LUOYAN
|
||
G Sci-Tech
|
||
Inv”) 1,473,600 1.09 0.03 No
|
||
PSBC Wealth
|
||
Management
|
||
Co., Ltd.
|
||
(“PSBC
|
||
Wealth”) 1,473,600 1.09 0.03 No
|
||
Taikang Life
|
||
Insurance
|
||
Co., Ltd
|
||
(“Taikang
|
||
Life”) 1,473,600 1.09 0.03 Yes
|
||
Lingotto
|
||
Innovation
|
||
Master Fund
|
||
(“Lingotto”) 884,200 0.65 0.02 No
|
||
Total 77,455,400 57.13 1.71
|
||
|
||
|
||
--- page 8 ---
|
||
8
|
||
Notes:
|
||
|
||
(1) The number of H Shares immediately after the Global Offering is the same as the number of Offer
|
||
Shares to be issued under the Global Offering.
|
||
|
||
(2) In addition to the Offer Shares subscribed for as Cornerstone Investors, HHLR CF , L.P ., UBS AM
|
||
Singapore, Zenith Hop, Abstract Enigma Limited, RBC Global Asset Management (Asia) Limited and
|
||
Taikang Life, and/or their respective close associates, where applicable, were allocated further Offer
|
||
Shares as placees in the International Offering. Please refer to the section headed “Allotment Results
|
||
Details – International Offering – Allotees with Waivers/Consents Obtained” in this announcement for
|
||
details. Only the Offer Shares subscribed for as Cornerstone Investors are subject to lock-up as
|
||
indicated below. For details, please refer to the section headed “Lock-up Undertakings – Cornerstone
|
||
Investors” in this announcement.
|
||
|
||
|
||
Allottees with waivers/consents obtained
|
||
|
||
Investor
|
||
No. of Offer Shares
|
||
allocated
|
||
% of total
|
||
issued H
|
||
Shares after
|
||
the Global
|
||
Offering Note
|
||
4
|
||
% of total
|
||
issued
|
||
share
|
||
capital
|
||
after the
|
||
Global
|
||
Offering
|
||
Note 5 Relationship
|
||
Allotees with waiver from strict compliance with Rule 10.04 of the Listing Rules and consent
|
||
under paragraph 5(2) o f the Placin g Guidelines in relation to subscription for H Shares b y
|
||
Existing Minority Shareholders holdin g more than 1% o f the issued share capital o f the
|
||
Company immediately prior to the completion of the Global Offering and/or their close
|
||
associates
|
||
Note 1
|
||
Nil Note 1 Nil Nil Nil Nil
|
||
Allotees with consent under Chapter 4.15 of the Guide for New Listing Applicants in relation
|
||
to allocations of further H Shares to Cornerstone Investors Note 2
|
||
HHLR CF,
|
||
L.P . 7,370,000 5.44 0.16
|
||
An Existing Minority
|
||
Shareholder or close
|
||
associate of Existing
|
||
Minority Shareholder and
|
||
a Cornerstone Investor
|
||
Hillhouse
|
||
Capital
|
||
Management
|
||
Group 295,000
|
||
0.22 0.01
|
||
Hillhouse Capital
|
||
Management Group is a
|
||
close associate of HHLR
|
||
CF, L.P., an Existing
|
||
Minority Shareholder or
|
||
close associate of
|
||
|
||
|
||
--- page 9 ---
|
||
9
|
||
Existing Minority
|
||
Shareholder and a
|
||
Cornerstone Investor
|
||
Zenith Hop 60,000 0.04 0.00 A Cornerstone Investor.
|
||
Abstract
|
||
Enigma
|
||
Limited 1,470,000 1.08 0.03
|
||
An Existing Minority
|
||
Shareholder or close
|
||
associate of Existing
|
||
Minority Shareholder and
|
||
a Cornerstone Investor
|
||
UBS AM
|
||
Singapore 1,092,000 0.81 0.02
|
||
An Existing Minority
|
||
Shareholder or close
|
||
associate of Existing
|
||
Minority Shareholder and
|
||
a Cornerstone Investor
|
||
RBC Global
|
||
Asset
|
||
Management
|
||
(Asia)
|
||
Limited 322,100
|
||
0.24 0.01
|
||
An Existing Minority
|
||
Shareholder or close
|
||
associate of Existing
|
||
Minority Shareholder and
|
||
a Cornerstone Investor
|
||
RBC Global
|
||
Asset
|
||
Management
|
||
(UK)
|
||
Limited 707,900
|
||
0.52 0.02
|
||
RBC Global Asset
|
||
Management (UK)
|
||
Limited is a close
|
||
associate of RBC Global
|
||
Asset Management
|
||
(Asia) Limited, an
|
||
Existing Minority
|
||
Shareholder or close
|
||
associate of Existing
|
||
Minority Shareholder and
|
||
a Cornerstone Investor
|
||
Mirae
|
||
Investors 15,000
|
||
0.01 0.00
|
||
Existing Minority
|
||
Shareholders or close
|
||
associates of Existing
|
||
Minority Shareholders
|
||
and Cornerstone
|
||
Investors
|
||
Mirae Asset
|
||
Global
|
||
Investments
|
||
(Hong Kong)
|
||
Limited 44,000
|
||
0.03 0.00
|
||
Mirae Asset Global
|
||
Investments (Hong Kong)
|
||
Limited is a close associate
|
||
of Mirae Investors, which
|
||
are Existing Minority
|
||
Shareholders or close
|
||
associates of Existing
|
||
Minority Shareholders
|
||
|
||
|
||
--- page 10 ---
|
||
10
|
||
and Cornerstone
|
||
Investors
|
||
Mirae Asset
|
||
Securities
|
||
(HK)
|
||
Limited 176,000
|
||
0.13 0.00
|
||
Mirae Asset Securities
|
||
(HK) Limited is a close
|
||
associate of Mirae
|
||
Investors, which are
|
||
Existing Minority
|
||
Shareholders or close
|
||
associates of Existing
|
||
Minority Shareholders
|
||
and Cornerstone
|
||
Investors
|
||
CPIC
|
||
Investors 35,000
|
||
0.03 0.00
|
||
Existing Minority
|
||
Shareholders or close
|
||
associates of Existing
|
||
Minority Shareholders
|
||
and Cornerstone
|
||
Investors
|
||
Taikang Life 101,000 0.08 0.00
|
||
An Existing Minority
|
||
Shareholder or close
|
||
associate of Existing
|
||
Minority Shareholder and
|
||
a Cornerstone Investor
|
||
Taikang
|
||
Asset
|
||
Management
|
||
(Hong Kong)
|
||
Co., Ltd. 3,000 0.00 0.00
|
||
Taikang Asset
|
||
Management (Hong
|
||
Kong) Co., Ltd. is a close
|
||
associate of Taikang Life,
|
||
an Existing Minority
|
||
Shareholder or close
|
||
associate of Existing
|
||
Minority Shareholder and
|
||
a Cornerstone Investor
|
||
Allotees with consent under paragraph 5(1) of the Placing Guidelines and Chapter 4.15 of the
|
||
Guide for New Listing Applicants in relation to allocations to connected clients Note 3
|
||
CICC FT (in
|
||
connection
|
||
with Gaoyi
|
||
OTC Swaps)
|
||
Note 6 3,536,800 2.61 0.08
|
||
CICC FT is a member of
|
||
the same group as China
|
||
International Capital
|
||
Corporation Hong Kong
|
||
Securities Limited
|
||
(“CICCHKS”)
|
||
CICC FT (in
|
||
connection
|
||
with
|
||
Greenwoods 1,473,600 1.09 0.03
|
||
CICC FT is a member of
|
||
the same group as
|
||
CICCHKS
|
||
|
||
|
||
--- page 11 ---
|
||
11
|
||
OTC Swaps)
|
||
Note 7
|
||
JPMorgan
|
||
Asset
|
||
Management
|
||
(Asia
|
||
Pacific)
|
||
Limited
|
||
(“JPM AM
|
||
APAC”) and
|
||
JPMorgan
|
||
Asset
|
||
Management
|
||
(Taiwan)
|
||
Limited
|
||
(“JPM AM
|
||
Taiwan”,
|
||
together
|
||
with JPM
|
||
AM APAC,
|
||
the “JPM
|
||
AM
|
||
Entities”)
|
||
|
||
Note 8 1,780,000 1.31 0.04
|
||
JPM AM Entities are in
|
||
the same group as
|
||
JPMAP, J.P. Morgan
|
||
Securities (Asia Pacific)
|
||
Limited
|
||
UBS AM
|
||
Singapore
|
||
Note 9 4,039,300 2.98 0.09
|
||
UBS AM Singapore is in
|
||
the same group as UBS
|
||
AG Hong Kong Branch
|
||
First Sentier
|
||
Investors
|
||
(Hong
|
||
Kong)
|
||
Limited
|
||
(“FSI”)
|
||
Note
|
||
10 235,000 0.17 0.01
|
||
FSI is a member of the
|
||
same group as Mitsubishi
|
||
UFJ Financial Group, Inc.
|
||
(“MUFG”), which holds
|
||
more than 20% interest in
|
||
Morgan Stanley, a
|
||
company listed on the
|
||
New York Stock
|
||
Exchange. MS is a
|
||
member of the same
|
||
group as Morgan Stanley.
|
||
Accordingly, FSI and MS
|
||
are deemed to be
|
||
members of the same
|
||
group
|
||
Guotai
|
||
Junan
|
||
6,000 0.00 0.00
|
||
GTJA FP is in the same
|
||
group as Guotai Junan
|
||
|
||
|
||
--- page 12 ---
|
||
12
|
||
Financial
|
||
Products
|
||
Limited
|
||
(“GTJA
|
||
FP”)
|
||
Note 11
|
||
Securities (Hong Kong)
|
||
Limited
|
||
BNP Paribas
|
||
Asset
|
||
Management
|
||
UK Limited
|
||
(“BNPP AM
|
||
UK”)
|
||
Note 12 530,000 0.39 0.01
|
||
BNPP AM UK is in the
|
||
same group as BNPP
|
||
CITIC
|
||
Securities
|
||
International
|
||
Capital
|
||
Management
|
||
Limited
|
||
(“CSICM”)
|
||
|
||
Note 13 506,300 0.37 0.01
|
||
CSICM is in the same
|
||
group as CITICS
|
||
Brokerage
|
||
|
||
Notes:
|
||
1. Among the Cornerstone Investors, KIA, HHLR CF , L.P ., Abstract Enigma Limited, RBC Global Asset
|
||
Management (Asia) Limited, Taikang Life, CPIC Investors, Mirae Investors, WT, Perseverance, Shanghai
|
||
Gaoyi, HK Greenwoods, Shanghai Greenwoods and UBS AM Singapore are either Existing Minority
|
||
Shareholders of the Company or their close associates. The Stock Exchange has granted a waiver from
|
||
strict compliance with the requirements under Rule 10.04 of the Listing Rules and consent under
|
||
Paragraph 5(2) of the Placing Guidelines to permit H Shares in the International Offering to be placed to
|
||
certain Existing Minority Shareholders and/or their close associates. Please refer to the section headed
|
||
“Waivers and Exemptions – Allocation of H Shares to Existing Minority Shareholders and Their Close
|
||
Associates” of the Prospectus for details.
|
||
|
||
The Stock Exchange granted the waiver on the condition that, among others, details of the allocation to
|
||
the Existing Minority Shareholders holding more than 1% of the issued share capital of the Company
|
||
immediately prior to the completion of the Global Offering will be disclosed in the Prospectus and/or
|
||
allotment results announcement;
|
||
|
||
2. The number of Offer Shares allocated to the relevant investors listed in this subsection only represents the
|
||
number of Offer Shares allocated to the investors as placees in the International Offering. For allocations
|
||
of Offer Shares to the relevant investors as Corne rstone Investors, please refer to the section headed
|
||
“Allotment Results Details – International Offering – Cornerstone Investors” in this announcement. For
|
||
details of the consent under Chapter 4.15 of the Guide for New Listing Applicants in relation to allocations
|
||
of further H Shares to the existing Shareholders and/or their close associates and Cornerstone investors,
|
||
please refer to the section headed “Others/Additional Information – Allocations of Offer Shares to the
|
||
existing Shareholders and/or their close associates and Cornerstone investors with a consent under
|
||
|
||
|
||
--- page 13 ---
|
||
13
|
||
Chapter 4.15 of the Guide for New Listing Applicants” in this announcement.
|
||
|
||
3. For details of the consent under paragraph 5(1) of the Placing Guidelines and Chapter 4.15 of the Guide
|
||
for New Listing Applicants in relation to allocations to connected clients, please refer to the section headed
|
||
“Allottees with waivers/consents obtained – Intern ational Offering – allotees with consent under
|
||
paragraph 5(1) of the Placing Guidelines and Chapter 4.15 of the Guide for New Listing Applicants in
|
||
relation to allocations to connected clients ” of this announcement.
|
||
|
||
4. The number of H Shares immediately after the Global Offering is the same as the number of Offer Shares
|
||
to be issued under the Global Offering. The figures ta ke into account the full exercise of the Offer Size
|
||
Adjustment Option and assume the Over-allotment Option is not exercised.
|
||
|
||
5. Not taking into account any A Shares held by the relevant investors. The figures take into account the full
|
||
exercise of the Offer Size Adjustment Option and assume the Over- allotment Option is not exercised.
|
||
|
||
6. CICC FT will hold the Offer Shares on a non-discretionary basis to hedge the Gaoyi OTC Swaps (as
|
||
defined in the Prospectus), while the economic risks and returns of the underlying Offer Shares are passed
|
||
to the CICC FT Ultimate Clients (Gaoyi) (as defined in the Prospectus).
|
||
To the best of CICC FT’ s knowledge having made all reasonable inquiries, each of the CICC FT Ultimate
|
||
Clients (Gaoyi) is an independent third party of CICC FT, CICCHKS and the companies which are
|
||
members of the same group of CICCHKS, and no single ultimate beneficial owner holds 30% or more
|
||
interests in each of the CICC FT Ultimate Clients (Gaoyi).
|
||
For details, please refer to the section headed “Cornerstone Investors” of the Prospectus.
|
||
7. CICC FT will hold the Offer Shares on a non-discre tionary basis to hedge the Greenwoods OTC Swaps
|
||
(as defined in the Prospectus), while the economic risks and returns of the underlying Offer Shares are
|
||
passed to the CICC FT Ultimate Clients (Greenwoods) (as defined in the Prospectus).
|
||
To the best of CICC FT’ s knowledge having made all reasonable inquiries, each of the CICC FT Ultimate
|
||
Clients (Greenwoods) is an independent third party of CICC FT, CICCHKS and the companies which are
|
||
members of the same group of CICCHKS, and no single ultimate beneficial owner holds 30% or more
|
||
interests in each of the CICC FT Ultimate Clients (Greenwoods).
|
||
For details, please refer to the section headed “Cornerstone Investors” of the Prospectus.
|
||
8. The JPM AM Entities will hold the Offer Shares on a discretionary basis on behalf of independent third
|
||
parties. The JPM AM Entities confirm that the sources of funds of JPM AM Entities are independent third
|
||
parties of JPM AM Entities and JPMAP .
|
||
|
||
9. UBS AM Singapore will hold the beneficial interests of the Offer Shares on a discretionary basis for and
|
||
on behalf of certain underlying clients as the delegate of the investment manager.
|
||
|
||
UBS AM Singapore confirmed that, to the best of its knowledge, the sources of funds of its underlying
|
||
clients are independent third parties of UBS AM Singapore and UBS HK.
|
||
|
||
|
||
--- page 14 ---
|
||
14
|
||
|
||
10. FSI will hold the beneficial interests of the Offer Shares on a discretionary basis for and on behalf of
|
||
certain underlying funds as the investment manager.
|
||
FSI confirmed that, to the best of its knowledge, the sources of funds of its underlying funds are independent
|
||
third parties of FSI and MS.
|
||
11. GTJA FP shall hold the Offer Shares on a non-discretionary basis for hedging purposes as the single
|
||
underlying asset of a delta one back-to-back total return swap transaction (the “ GTJA Back-to-back
|
||
TRS1”) to be entered into between GTJA FP and Guotai Junan Investments (Hong Kong) Limited (“GTJA
|
||
INV”), and GTJA INV shall for hedging purposes enter into a cross-border delta one back-to-back total
|
||
return swap transaction (the “ GTJA Back-to-back TRS2 ”) with Guotai Haitong Securities Co., Ltd.
|
||
(“GTHTS”), in connection with a total return swap order (the “ GTHT Client TRS”) to be entered into
|
||
by GTHTS and the GTHTS onshore clients (the “GTHT Onshore Clients”). Such GTHT Client TRS is to
|
||
be fully funded by the GTHT Onshore Clients. Th e full economic exposure of the Offer Shares will be
|
||
passed from GTJA FP to GTJA INV under the GTJA Back-to-back TRS1, from GTJA INV to GTHTS under
|
||
the GTJA Back-to-back TRS2, and ultimately from GTHTS to the GTHT Onshore Clients under the GTHT
|
||
Client TRS, pursuant to which GTJA FP will hold the economic interest of the Offer Shares on behalf of
|
||
GTJA INV , GTHTS and ultimately the GTHT Onshore Clients. The GTHT Onshore Clients may exercise
|
||
an early termination right to early terminate the GTHT Client TRS at any time from the trade date of the
|
||
GTHT Client TRS, which should be on or after the date on which the Offer Shares are listed on the Stock
|
||
Exchange. Accordingly, (i) GTHTS may exercise an earl y termination right to early terminate the GTJA
|
||
Back-to-back TRS2 at any time from the trade date of the GTJA Back-to-back TRS2, and (ii) GTJA INV
|
||
may exercise an early termination right to early terminate the GTJA Back-to-back TRS1 at any time from
|
||
the trade date of the GTJA Back-to-back TRS1, which in each case should be on or after the date on which
|
||
the Offer Shares are listed on the Stock Exchange. Upon the final maturity or early termination of (i) the
|
||
GTHT Client TRS by the GTHT Onshore Clients, (ii) the GTJA Back-to-back TRS2 by GTHTS, and (iii)
|
||
the GTJA Back-to-back TRS1 by GTJA INV , GTJA FP will dispose the Offer Shares on the secondary
|
||
market and the GTHT Onshore Clie nts ultimately will receive a final termination amount of the GTHT
|
||
Client TRS, which should have taken into account all the economic returns or economic loss in relation to
|
||
the Offer Shares, the fixed amount in relation to th e GTJA Back-to-back TRS1 , the GTJA Back-to-back
|
||
TRS2 and the GTHT Client TRS. GTJA FP will hold the legal title and the voting right of the Offer Shares
|
||
by itself and pass through the economic exposure to GTJA INV , GTHTS and ultimately the GTHT Onshore
|
||
Clients. Due to its internal policy, GTJA FP will not exercise the voting right of the Offer Shares during
|
||
the tenor of the GTJA Back-to-ba ck TRS1 and GTJA Back-to-back TRS2 . To the best of GTJA FP’ s
|
||
knowledge having made all reasonable inquiries, each of the GTHT Onshore Clients is an independent
|
||
third party of GTJA FP , GTJA INV and GTHTS and the companies which are members of the same group
|
||
of each of them.
|
||
12. BNPP AM UK will hold the Offer Shares on a discretionary basis for the benefit of the shareholders of
|
||
certain underlying funds.
|
||
BNPP AM UK confirmed that, to the best of its knowledge, the shareholders of the underlying funds are
|
||
independent third parties of BNPP AM UK, the underlying funds and BNPP .
|
||
|
||
|
||
--- page 15 ---
|
||
15
|
||
13. CSICM and CITIC Securities Company Limited (“ CITIC Securities”), a company listed on the Stock
|
||
Exchange (stock code 6030) will enter into a series of cross border delta-one OTC swap transactions
|
||
(collectively, the “OTC Swaps”) with each other and the ultimate clients (the “CLSA Ultimate Clients”),
|
||
pursuant to which CSICM will hold the Offer Shares on a non-discretionary basis to hedge the OTC Swaps
|
||
while the economic risks and returns of the underlying Offer Shares are passed to the CLSA Ultimate
|
||
Clients, subject to customary fees and commissions. The OTC Swaps will be fully funded by the CLSA
|
||
Ultimate Clients. During the terms of the OTC Swaps, all economic returns of the Offer Shares subscribed
|
||
by CSICM will be passed to the CLSA Ultimate Clients and all economic loss shall be borne by the CLSA
|
||
Ultimate Clients through the OTC Swaps, and CSICM will not take part in any economic return or bear
|
||
any economic loss in relation to the Offer Shares. The OTC Swaps are linked to the Offer Shares and the
|
||
CLSA Ultimate Clients may request CSICM to redeem it at their own discretions, upon which CSICM shall
|
||
dispose of the Offer Shares and settle OTC Swaps in cash in accordance with the terms and conditions of
|
||
the OTC Swaps. Despite that CSICM will hold the legal title of the Offer Shares by itself, it will not exercise
|
||
the voting rights attaching to the relevant Offer Sha res during the terms of the OTC Swaps according to
|
||
its internal policy. To the best of CSICM’ s knowledge having made all reasonable inquiries, each of the
|
||
CLSA Ultimate Clients is an independent third party of CSICM, CITIC Securities CITICS Brokerage and
|
||
the companies which are members of the same group of each of them.
|
||
|
||
LOCK-UP UNDERTAKINGS
|
||
|
||
Cornerstone Investors
|
||
|
||
Name
|
||
Number of H Shares
|
||
held in the Company
|
||
subject to lock-up
|
||
undertakings upon
|
||
Listing
|
||
% of total
|
||
issued H
|
||
Shares after
|
||
the Global
|
||
Offering
|
||
subject to
|
||
lock-up
|
||
undertakings
|
||
upon Listing
|
||
(after taking
|
||
into account
|
||
the full
|
||
exercise of the
|
||
Offer Size
|
||
Adjustment
|
||
Option and
|
||
assuming the
|
||
Over-
|
||
allotment
|
||
Option is not
|
||
exercised)Note 1
|
||
% of
|
||
shareholding
|
||
in the
|
||
Company
|
||
subject to
|
||
lock-up
|
||
undertakings
|
||
upon Listing
|
||
(after taking
|
||
into account
|
||
the full
|
||
exercise of
|
||
the Offer Size
|
||
Adjustment
|
||
Option and
|
||
assuming the
|
||
Over-
|
||
allotment
|
||
Option is not
|
||
exercised)
|
||
Last day subject
|
||
to the lock-up
|
||
undertakings
|
||
Note 2
|
||
Sinopec HK 14,736,800 10.87 0.32 November 19,
|
||
|
||
|
||
--- page 16 ---
|
||
16
|
||
2025
|
||
KIA 14,736,800 10.87 0.32
|
||
November 19,
|
||
2025
|
||
HHLR CF,
|
||
L.P . 5,894,700 4.35 0.13
|
||
November 19,
|
||
2025
|
||
Shanghai
|
||
Gaoyi and
|
||
CICC FT (in
|
||
connection
|
||
with Gaoyi
|
||
OTC Swaps) 3,536,800 2.61 0.08
|
||
November 19,
|
||
2025
|
||
Perseverance
|
||
Asset
|
||
Management 2,357,800 1.74 0.05
|
||
November 19,
|
||
2025
|
||
Zenith Hop 3,242,000 2.39 0.07
|
||
November 19,
|
||
2025
|
||
Abstract
|
||
Enigma
|
||
Limited 2,947,300 2.17 0.06
|
||
November 19,
|
||
2025
|
||
Shanghai
|
||
Greenwoods
|
||
and CICC FT
|
||
(in
|
||
connection
|
||
with
|
||
Greenwoods
|
||
OTC Swaps) 1,473,600 1.09 0.03
|
||
November 19,
|
||
2025
|
||
HK
|
||
Greenwoods 1,473,600 1.09 0.03
|
||
November 19,
|
||
2025
|
||
Pinpoint 2,947,300 2.17 0.06
|
||
November 19,
|
||
2025
|
||
UBS AM
|
||
Singapore 2,947,300 2.17 0.06
|
||
November 19,
|
||
2025
|
||
WT 2,947,300 2.17 0.06
|
||
November 19,
|
||
2025
|
||
CPE
|
||
Investment 2,357,800 1.74 0.05
|
||
November 19,
|
||
2025
|
||
Oaktree 2,210,500 1.63 0.05
|
||
November 19,
|
||
2025
|
||
MX Bright 2,063,100 1.52 0.05
|
||
November 19,
|
||
2025
|
||
Mirae
|
||
Investors 1,768,400 1.30 0.04
|
||
November 19,
|
||
2025
|
||
RBC Global 1,562,100 1.15 0.03 November 19,
|
||
|
||
|
||
--- page 17 ---
|
||
17
|
||
Asset
|
||
Management
|
||
(Asia)
|
||
Limited
|
||
2025
|
||
CPIC
|
||
Investors 1,473,600 1.09 0.03
|
||
November 19,
|
||
2025
|
||
LMR Master
|
||
Fund
|
||
1,473,600
|
||
1.09 0.03
|
||
November 19,
|
||
2025
|
||
LUOYANG
|
||
Sci-Tech Inv
|
||
1,473,600
|
||
1.09 0.03
|
||
November 19,
|
||
2025
|
||
PSBC Wealth
|
||
1,473,600
|
||
1.09 0.03
|
||
November 19,
|
||
2025
|
||
Taikang Life
|
||
1,473,600
|
||
1.09 0.03
|
||
November 19,
|
||
2025
|
||
Lingotto 884,200 0.65 0.02
|
||
November 19,
|
||
2025
|
||
Notes:
|
||
|
||
1. The number of H Shares immediately after the Global Offering is the same as the number
|
||
of Offer Shares to be issued under the Global Offering.
|
||
|
||
2. In accordance with the relevant cornerstone investment agreements, the required lock-
|
||
up ends on November 19, 2025. The Cornerstone Investors will cease to be prohibited
|
||
from disposing of or transferring H Shares subscribed for pursuant to the relevant
|
||
cornerstone investment agreements after the indicated date.
|
||
|
||
PLACEE CONCENTRATION ANALYSIS
|
||
|
||
|
||
Placee
|
||
s*
|
||
Number
|
||
of H
|
||
Shares
|
||
allotted
|
||
Allotm
|
||
ent as %
|
||
of
|
||
Internati
|
||
onal
|
||
Offering
|
||
(assumin
|
||
g no
|
||
exercise
|
||
of the
|
||
Over-
|
||
allotment
|
||
Option)
|
||
Allotment
|
||
as % of
|
||
Internati
|
||
onal
|
||
Offering
|
||
(assumin
|
||
g the
|
||
Over-
|
||
allotment
|
||
Option is
|
||
fully
|
||
exercised
|
||
and new
|
||
H Shares
|
||
are
|
||
Allotm
|
||
ent
|
||
as % of
|
||
total
|
||
Offer
|
||
Shares
|
||
(assumi
|
||
ng no
|
||
exercis
|
||
e of the
|
||
Over-
|
||
allotme
|
||
nt
|
||
Option
|
||
)
|
||
Allotm
|
||
ent
|
||
as % of
|
||
total
|
||
Offer
|
||
Shares
|
||
(assumi
|
||
ng the
|
||
Over-
|
||
allotme
|
||
nt
|
||
Option
|
||
is fully
|
||
exercis
|
||
ed and
|
||
Number
|
||
of
|
||
H
|
||
Shares
|
||
held
|
||
upon
|
||
Listing
|
||
% of
|
||
total
|
||
issued
|
||
share
|
||
capital
|
||
upon
|
||
Listing
|
||
(assumi
|
||
ng no
|
||
exercis
|
||
e of the
|
||
Over-
|
||
allotme
|
||
nt
|
||
Option
|
||
% of
|
||
total
|
||
issued
|
||
share
|
||
capital
|
||
upon
|
||
Listing
|
||
(assumi
|
||
ng the
|
||
Over-
|
||
allotme
|
||
nt
|
||
Option
|
||
is fully
|
||
exercis
|
||
|
||
|
||
--- page 18 ---
|
||
18
|
||
issued) new H
|
||
Shares
|
||
are
|
||
issued)
|
||
) ed and
|
||
new H
|
||
Shares
|
||
are
|
||
issued)
|
||
Top 1 14,736,8
|
||
00
|
||
11.75% 10.11% 10.87% 9.45% 14,736,8
|
||
00
|
||
0.32% 0.32%
|
||
Top 5 56,445,1
|
||
00
|
||
45.01% 38.73% 41.63% 36.20% 56,445,1
|
||
00
|
||
1.24% 1.24%
|
||
Top 10 77,045,6
|
||
00
|
||
61.43% 52.86% 56.83% 49.42% 77,045,6
|
||
00
|
||
1.70% 1.69%
|
||
Top 25 108,601,
|
||
800
|
||
86.60% 74.51% 80.10% 69.65% 108,601,
|
||
800
|
||
2.39% 2.38%
|
||
|
||
Note
|
||
* Ranking of placees is based on the number of H Shares allotted to the placees.
|
||
|
||
H SHAREHOLDERS CONCENTRATION ANALYSIS
|
||
|
||
|
||
H
|
||
Sharehol
|
||
ders *
|
||
Number
|
||
of H
|
||
Shares
|
||
allotted
|
||
Allotm
|
||
ent as %
|
||
of
|
||
Internati
|
||
onal
|
||
Offering
|
||
(assumin
|
||
g no
|
||
exercise
|
||
of the
|
||
Over-
|
||
allotmen
|
||
t
|
||
Option)
|
||
Allotmen
|
||
t as % of
|
||
Internati
|
||
onal
|
||
Offering
|
||
(assumin
|
||
g the
|
||
Over-
|
||
allotment
|
||
Option is
|
||
fully
|
||
exercised
|
||
and new
|
||
H Shares
|
||
are
|
||
issued)
|
||
Allotm
|
||
ent
|
||
as %
|
||
of total
|
||
Offer
|
||
Shares
|
||
(assum
|
||
ing no
|
||
exercis
|
||
e of the
|
||
Over-
|
||
allotm
|
||
ent
|
||
Option
|
||
)
|
||
Allotm
|
||
ent
|
||
as % of
|
||
total
|
||
Offer
|
||
Shares
|
||
(assum
|
||
ing the
|
||
Over-
|
||
allotm
|
||
ent
|
||
Option
|
||
is fully
|
||
exercis
|
||
ed and
|
||
new H
|
||
Shares
|
||
are
|
||
issued)
|
||
Numbe
|
||
r of H
|
||
Shares
|
||
held
|
||
upon
|
||
Listing
|
||
% of
|
||
total
|
||
issued
|
||
H
|
||
share
|
||
capital
|
||
upon
|
||
Listing
|
||
(assum
|
||
ing no
|
||
exercis
|
||
e of the
|
||
Over-
|
||
allotm
|
||
ent
|
||
Option
|
||
)
|
||
% of
|
||
total
|
||
issued
|
||
H
|
||
share
|
||
capital
|
||
upon
|
||
Listing
|
||
(assum
|
||
ing the
|
||
Over-
|
||
allotm
|
||
ent
|
||
Option
|
||
is fully
|
||
exercis
|
||
ed and
|
||
new H
|
||
Shares
|
||
are
|
||
issued)
|
||
Top 1 14,736,8
|
||
00
|
||
11.75% 10.11% 10.87% 9.45% 14,736,8
|
||
00
|
||
10.87% 9.45%
|
||
Top 5 56,445,1 45.01% 38.73% 41.63% 36.20% 56,445,1 41.63% 36.20%
|
||
|
||
|
||
--- page 19 ---
|
||
19
|
||
00 00
|
||
Top 10 77,045,6
|
||
00 61.43% 52,86% 56.83% 49.42% 77,045,6
|
||
00
|
||
56.83% 49.42%
|
||
Top 25 108,601,
|
||
800
|
||
86.60% 74.51% 80.10% 69.65% 108,601,
|
||
800
|
||
80.10% 69.65%
|
||
|
||
Note
|
||
* Ranking of H Shareholders is based on the numbe r of H Shares held by the H Shareholders
|
||
upon Listing.
|
||
|
||
SHAREHOLDER CONCENTRATION ANALYSIS
|
||
|
||
|
||
Shareh
|
||
older s*
|
||
Num
|
||
ber
|
||
of H
|
||
Shar
|
||
es
|
||
allot
|
||
ted
|
||
Allotme
|
||
nt as %
|
||
of
|
||
Internat
|
||
ional
|
||
Offerin
|
||
g
|
||
(assumi
|
||
ng no
|
||
exercise
|
||
of the
|
||
Over-
|
||
allotme
|
||
nt
|
||
Option)
|
||
Allotme
|
||
nt as %
|
||
of
|
||
Internat
|
||
ional
|
||
Offerin
|
||
g
|
||
(assumi
|
||
ng the
|
||
Over-
|
||
allotme
|
||
nt
|
||
Option
|
||
is fully
|
||
exercise
|
||
d and
|
||
new H
|
||
Shares
|
||
are
|
||
issued)
|
||
Allot
|
||
ment
|
||
as %
|
||
of
|
||
total
|
||
Offer
|
||
Share
|
||
s
|
||
(assu
|
||
ming
|
||
no
|
||
exerci
|
||
se of
|
||
the
|
||
Over-
|
||
allotm
|
||
ent
|
||
Optio
|
||
n)
|
||
Allot
|
||
ment
|
||
as %
|
||
of
|
||
total
|
||
Offer
|
||
Share
|
||
s
|
||
(assu
|
||
ming
|
||
the
|
||
Over-
|
||
allotm
|
||
ent
|
||
Optio
|
||
n is
|
||
fully
|
||
exerci
|
||
sed
|
||
and
|
||
new H
|
||
Share
|
||
s are
|
||
issued
|
||
)
|
||
Numb
|
||
er of
|
||
H
|
||
Share
|
||
s held
|
||
upon
|
||
Listin
|
||
g
|
||
Number
|
||
of
|
||
Shares
|
||
held
|
||
upon
|
||
Listing
|
||
% of
|
||
total
|
||
issued
|
||
share
|
||
capita
|
||
l upon
|
||
Listin
|
||
g
|
||
(assu
|
||
ming
|
||
no
|
||
exerci
|
||
se of
|
||
the
|
||
Over-
|
||
allotm
|
||
ent
|
||
Optio
|
||
n)
|
||
% of
|
||
total
|
||
issued
|
||
share
|
||
capita
|
||
l upon
|
||
Listin
|
||
g
|
||
(assu
|
||
ming
|
||
the
|
||
Over-
|
||
allotm
|
||
ent
|
||
Optio
|
||
n is
|
||
fully
|
||
exerci
|
||
sed
|
||
and
|
||
new H
|
||
Share
|
||
s are
|
||
issued
|
||
)
|
||
Top 1 - 0.00% 0.00% 0.00% 0.00% - 1,024,70
|
||
4,949
|
||
|
||
22.58
|
||
%
|
||
|
||
22.47
|
||
%
|
||
|
||
Top 5 - 0.00% 0.00% 0.00% 0.00% - 2,520,04
|
||
1,957
|
||
|
||
55.52
|
||
%
|
||
|
||
55.27
|
||
%
|
||
|
||
Top 10 - 0.00% 0.00% 0.00% 0.00% - 2,745,49
|
||
9,074
|
||
|
||
60.49
|
||
%
|
||
|
||
60.22
|
||
%
|
||
|
||
|
||
--- page 20 ---
|
||
20
|
||
Top 25
|
||
43,033
|
||
,300 34.31% 29.53% 31.74
|
||
%
|
||
27.6% 43,033
|
||
,300
|
||
|
||
3,042,71
|
||
4,883
|
||
|
||
67.04
|
||
%
|
||
|
||
66.74
|
||
%
|
||
|
||
|
||
Note
|
||
* Ranking of Shareholders is based on the numbe r of Shares (of all classes) held by the
|
||
Shareholder upon Listing.
|
||
|
||
|
||
--- page 21 ---
|
||
21
|
||
BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING
|
||
|
||
Subject to the satisfaction of the conditions se t out in the Prospectus , a total of 310,827 valid
|
||
applications made by the public will be conditionally allocated on the basis set out below:
|
||
|
||
NO. OF SHARES
|
||
APPLIED FOR
|
||
NO. OF V ALID
|
||
APPLICATIONS
|
||
BASIS OF
|
||
ALLOTMENT /
|
||
BALLOT
|
||
APPROXIMATE
|
||
PERCENTAGE
|
||
ALLOTTED OF
|
||
THE TOTAL NO.
|
||
OF H SHARES
|
||
APPLIED FOR
|
||
POOL A
|
||
100 105,175
|
||
10,518 out of
|
||
105,175 to receive
|
||
100 Shares
|
||
10.00%
|
||
200 33,234
|
||
3,638 out of 33,234
|
||
to receive 100
|
||
Shares
|
||
5.47%
|
||
300 18,622
|
||
2,570 out of 18,622
|
||
to receive 100
|
||
Shares
|
||
4.60%
|
||
400 13,693
|
||
2,191 out of 13,693
|
||
to receive 100
|
||
Shares
|
||
4.00%
|
||
500 15,533
|
||
2,641 out of 15,533
|
||
to receive 100
|
||
Shares
|
||
3.40%
|
||
600 5,531 962 out of 5,531 to
|
||
receive 100 Shares 2.90%
|
||
700 4,773 869 out of 4,773 to
|
||
receive 100 Shares 2.60%
|
||
800 4,600 883 out of 4,600 to
|
||
receive 100 Shares 2.40%
|
||
900 2,947 584 out of 2,947 to
|
||
receive 100 Shares 2.20%
|
||
1,000 35,843
|
||
7,169 out of 35,843
|
||
to receive 100
|
||
Shares
|
||
2.00%
|
||
2,000 16,383
|
||
4,915 out of 16,383
|
||
to receive 100
|
||
Shares
|
||
1.50%
|
||
3,000 7,834 2,585 out of 7,834 to
|
||
receive 100 Shares 1.10%
|
||
4,000 5,779 2,080 out of 5,779 to 0.90%
|
||
|
||
|
||
--- page 22 ---
|
||
22
|
||
receive 100 Shares
|
||
5,000 4,620 1,733 out of 4,620 to
|
||
receive 100 Shares 0.75%
|
||
6,000 2,525 985 out of 2,525 to
|
||
receive 100 Shares 0.65%
|
||
7,000 1,993 837 out of 1,993 to
|
||
receive 100 Shares 0.60%
|
||
8,000 1,901 836 out of 1,901 to
|
||
receive 100 Shares 0.55%
|
||
9,000 1,233 544 out of 1,233 to
|
||
receive 100 Shares 0.49%
|
||
10,000 9,559 4,302 out of 9,559 to
|
||
receive 100 Shares 0.45%
|
||
291,778
|
||
Total number of
|
||
Pool A successful
|
||
applicants: 50,842
|
||
|
||
POOL B
|
||
20,000 10,463
|
||
100 Shares plus 235
|
||
out of 10,463 to
|
||
receive additional
|
||
100 Shares
|
||
0.51%
|
||
30,000 2,529
|
||
100 Shares plus
|
||
1,340 out of 2,529 to
|
||
receive additional
|
||
100 Shares
|
||
0.51%
|
||
40,000 1,732
|
||
200 Shares plus 69
|
||
out of 1,732 to
|
||
receive additional
|
||
100 Shares
|
||
0.51%
|
||
50,000 987
|
||
200 Shares plus 543
|
||
out of 987 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
60,000 577
|
||
300 Shares plus 35
|
||
out of 577 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
70,000 411
|
||
300 Shares plus 234
|
||
out of 411 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
80,000 388
|
||
400 Shares plus 31
|
||
out of 388 to receive
|
||
additional 100
|
||
0.51%
|
||
|
||
|
||
--- page 23 ---
|
||
23
|
||
Shares
|
||
90,000 202
|
||
400 Shares plus 119
|
||
out of 202 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
100,000 1,005
|
||
500 Shares plus 101
|
||
out of 1,005 to
|
||
receive additional
|
||
100 Shares
|
||
0.51%
|
||
200,000 361
|
||
1,000 Shares plus 72
|
||
out of 361 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
300,000 126
|
||
1,500 Shares plus 38
|
||
out of 126 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
400,000 70
|
||
2,000 Shares plus 28
|
||
out of 70 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
500,000 66
|
||
2,500 Shares plus 33
|
||
out of 66 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
600,000 20
|
||
3,000 Shares plus 12
|
||
out of 20 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
700,000 17
|
||
3,500 Shares plus 12
|
||
out of 17 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
800,000 16
|
||
4,000 Shares plus 13
|
||
out of 16 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
900,000 7
|
||
4,500 Shares plus 6
|
||
out of 7 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
1,000,000 33 5,100 Shares 0.51%
|
||
1,500,000 7 7,600 Shares plus 4
|
||
out of 7 to receive 0.51%
|
||
|
||
|
||
--- page 24 ---
|
||
24
|
||
additional 100
|
||
Shares
|
||
2,000,000 3 10,200 Shares 0.51%
|
||
2,500,000 4
|
||
12,700 Shares plus 2
|
||
out of 4 to receive
|
||
additional 100
|
||
Shares
|
||
0.51%
|
||
3,000,000 1 15,300 Shares 0.51%
|
||
4,000,000 3 20,400 Shares 0.51%
|
||
4,421,000 21
|
||
22,100 Shares plus 1
|
||
out of 21 to receive
|
||
additional 100
|
||
Shares
|
||
0.50%
|
||
|
||
19,049 Total number of
|
||
Pool B successful
|
||
applicants: 19,049
|
||
|
||
|
||
As of the date of this announcement, the relevant subscription monies previously deposited in
|
||
the designated nominee accounts have been remitted back to the accounts of all HKSCC
|
||
participants. Investors should contact their relevant brokers for any inquiries.
|
||
|
||
COMPLIANCE WITH LISTING RULES AND GUIDANCE
|
||
|
||
The Directors confirm that, except for the Listing Rules that have been waived and/or in respect
|
||
of which consent has been obtained, the Company has complied with the Listing Rules and
|
||
guidance materials in relation to the placing, allotment and listing of the Company’s H Shares.
|
||
|
||
The Directors confirm that, to the best of their knowledge, the consideration paid by the placees
|
||
or the public (as the case may be) directly or indi rectly for each Offer Share subscribed for or
|
||
purchased by them was the same as the final Offer Price in addition to any brokerage, AFRC
|
||
transaction levy, SFC transaction levy and Stock Exchange trading fee payable.
|
||
|
||
OTHERS / ADDITIONAL INFORMATION
|
||
|
||
Offer Size Adjustment Option
|
||
|
||
The Offer Size Adjustment Option has been exer cised by the Company in full, pursuant to
|
||
which the Company is issuing and allot ting 17,684,100 additional H Shares, representing
|
||
approximately 15.0% of the total number of H Shares initially available under the Global
|
||
Offering, at the final Offer Price.
|
||
|
||
Accordingly, the total number of Offer Shares finally available under the Global Offering (after
|
||
taking into account the full exercise of the Of fer Size Adjustment Option and before any
|
||
exercise of the Over-allotment Option) that would be allotted and issued by the Company is
|
||
|
||
|
||
--- page 25 ---
|
||
25
|
||
135,578,600 Offer Shares and the total issued share capital of the Company upon Listing (after
|
||
taking into account the full exercise of the Of fer Size Adjustment Option and before any
|
||
exercise of the Over-allotment Option) will be 4,538,973,511 Shares.
|
||
|
||
As the Hong Kong Public Offering is oversubscr ibed by more than 0.15 time, the additional
|
||
Offer Shares pursuant to the Offer Size Adjustment Option will be allocated so as to maintain
|
||
the initial proportionality of 7.5%:92.5% betw een the Hong Kong Public Offering and the
|
||
International Offering.
|
||
|
||
Allocation of additional Offer Shares pursuant to the Offer Size Adjustment Option
|
||
|
||
As (i) the Hong Kong Public Offering is oversubscribed by more than 0.15 time and the
|
||
additional Offer Shares pursuant to the Offer Size Adjustment Option will be allocated so as to
|
||
maintain the initial proportio nality between the Hong Kong Public Offering and the
|
||
International Offering such that there will be no reallocation of such additional Offer Shares
|
||
between the Hong Kong Public Offering and the International Offering, and (ii) the Offer Size
|
||
Adjustment Option has been exercised by the Company in full, pursuant to which the Company
|
||
is issuing and allotting 17,684,100 additional H Shares, the final number of Offer Shares under
|
||
the Hong Kong Public Offering is adjusted to 10,168,400 H Shares, representing approximately
|
||
7.5% of the total number of Offer Shares under the Global Offering (assuming the Over-
|
||
allotment Option is not exercised), and the final number of Offer Shares under the International
|
||
Offering is adjusted to 125,410,200 H Shares, repr esenting approximately 92.5% of the total
|
||
number of Offer Shares under the Global Offering (assuming the Over-allotment Option is not
|
||
exercised).
|
||
|
||
Allocation of H Shares to existing minority Shareholders and their close associates
|
||
|
||
The Company has applied to the Stock Exchange for, and the Stock Exchange has granted to
|
||
the Company, a waiver from strict complian ce with the requirements under Rule 10.04 and
|
||
consent under Paragraph 5(2) of Appendix F1 to the Listing Rules to permit H Shares in the
|
||
International Offering to be placed to certain existing mi nority Shareholders who will
|
||
participate only as either cornerstone investors or placees (but not both) in the International
|
||
Offering (together, the “Existing Minority Shareholders”) on the conditions that each of them:
|
||
|
||
(a) together with their close associates, holds less than 5% of the total number of A Shares in
|
||
issue of our Company prior to the completion of the Global Offering;
|
||
|
||
(b) is not and will not become (upon the completion of the Global Offering) a core connected
|
||
person of our Company or the close associate of any such core connected person;
|
||
|
||
(c) does not have the right to appoint a Director and/or have any other special rights;
|
||
|
||
|
||
(d) allocation to the Existing Minority Shareholders or their close associates will not affect
|
||
|
||
|
||
--- page 26 ---
|
||
26
|
||
our ability to satisfy the public float require ment as prescribed by the Stock Exchange
|
||
under Rule 8.08 of the Listing Rules or otherwise approved by the Stock Exchange; and
|
||
|
||
(e) that no preferential treatment is given to the Existing Minority Shareholders or their
|
||
respective close associates (other than the assured entitlement for a cornerstone investor).
|
||
|
||
Please refer to the section headed “Waivers and Exemptions – Allocation of H Shares to
|
||
Existing Minority Shareholders and their close associates ” in the Prospectus for further details
|
||
of the waiver and consent.
|
||
|
||
Each of the Joint Sponsors and the Company has provided the requir ed confirmations as
|
||
elaborated in the Prospectus. In particular, as the Company’s A Shares are listed on the
|
||
Shenzhen Stock Exchange since June 2018, the Company has a highly extensive base of
|
||
existing Shareholders and disclosure of deta ils of allocations to all Existing Minority
|
||
Shareholders will not be meaningful to invest ors, the proposed disclosure threshold, i.e.
|
||
condition (ii) of the waiver and consent which provides that details of the allocation to the
|
||
Existing Minority Shareholders holding more th an 1% of the issued share capital of the
|
||
Company immediately prior to the completion of the Global Offering will be disclosed in this
|
||
announcement, is appropriate. Nonetheless, as no allocation has been made to any such
|
||
Existing Minority Shareholders holding more th an 1% of the issued share capital of the
|
||
Company, no disclosure has been made in this announcement.
|
||
|
||
All allocations of Offer Shares to the Existing Minority Shareholders are in compliance with
|
||
all the conditions under the waiver and consent granted by the Stock Exchange.
|
||
|
||
Waiver from Strict Compliance with Rule 10.04 of and Consent under paragraph 5(2) of
|
||
Appendix F1 to the Listing Rules and Paragraph 17 of Chapter 4.15 fo the Guide for New
|
||
Listing Applicants in respect of Offer Shares by existing Shareholders and//or their close
|
||
associates
|
||
|
||
The Company has applied to, and the Stock Ex change has granted, a consent under Chapter
|
||
4.15 of the Guide for New Listing Applicants to permit the Company to allocate further Offer
|
||
Shares in the International Offering to certain Cornerstone Investors as placees, subject to the
|
||
following conditions:
|
||
|
||
(a) the final offering size of the Global Offeri ng, excluding any over-allocation, will be of a
|
||
total value of at least HK$1 billion;
|
||
|
||
(b) the Offer Shares allocated to all existing Shareholders and their close associates (whether
|
||
as cornerstone investors and/or as placees) as permitted under the Size-based Exemption
|
||
(as defined in the Guide for New Listing Ap plicants) do not exceed 30% of the total
|
||
number of the H Shares offered under the Global Offering;
|
||
|
||
(c) each Director, chief executive and Supervisor of the Company confirms that no securities
|
||
|
||
|
||
--- page 27 ---
|
||
27
|
||
have been allocated to them or their respective close associates under this exemption;
|
||
|
||
(d) the Company will comply with the public fl oat requirement under Rule 8.08(1) of the
|
||
Listing Rules; and
|
||
|
||
(e) details of the allocation to such Cornerst one Investors under the Size-based Exemption
|
||
will be disclosed in this announcement.
|
||
|
||
Such allocations of Offer Shares are in compliance with all the conditions under the consent
|
||
granted by the Stock Exchange.
|
||
|
||
|
||
Placing to connected clients with a prior consent under paragraph 5(1) of the Placing
|
||
Guidelines
|
||
|
||
The Company has applied to the Stock Exchange for, and the Stock Exchange has granted, a
|
||
consent under paragraph 5(1) of the Placing Guidelines to permit certain connected clients to
|
||
participate in the Global Offering as a Cornerstone Investor. For details of the consent granted,
|
||
please refer to the section headed “Allotmen t Results Details – International Offering –
|
||
Cornerstone Investors” in this announcement.
|
||
|
||
In addition, under the Internati onal Offering, certain Offer Shares were placed to connected
|
||
clients of their connected distributors pursuant to the Placing Guidelines. Please refer to the
|
||
section headed “Allotment Results Details – International Offering – Allotees with
|
||
Waivers/Consents Obtained” in this announcement for details. The Company has applied to the
|
||
Stock Exchange for, and the Stock Exchange has granted, a consent unde r paragraph 5(1) of
|
||
the Placing Guidelines to permit the Company to allocate such Offer Shares in the International
|
||
Offering to the connected clients. The allocation of Offer Shares to such connected clients is in
|
||
compliance with all the conditions under the consent granted by the Stock Exchange.
|
||
|
||
DISCLAIMERS
|
||
|
||
|
||
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited
|
||
and Hong Kong Securities Clearing Company Limited take no responsibility for the contents
|
||
of this announcement, make no re presentation as to its ac curacy or completeness and
|
||
expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance
|
||
upon the whole or any part of the contents of this announcement.
|
||
This announcement is not for release, publication, distribution, directly or indirectly, in or
|
||
into the United States (including its territories and possessions, any state of the United States
|
||
and the District of Columbia). This announcement does not constitute or form a part of any
|
||
offer or solicitation to purchase or subscrib e for securities in the United States. The
|
||
securities mentioned herein have not been, and will not be, registered under the United States
|
||
Securities Act of 1933, as amended (the “ U.S. Securities Act”). The securities may not be
|
||
|
||
|
||
--- page 28 ---
|
||
28
|
||
offered or sold in the United States except pur suant to an exemption from the registration
|
||
requirements of the U.S. Securities Act and in compliance with any applicable state securities
|
||
laws, or outside the United States unless in compliance with Regul ation S under the U.S.
|
||
Securities Act. There will be no public offer of securities in the United States.
|
||
The Offer Shares are being offered and sold outside the United States in offshore transactions
|
||
in reliance on Regulation S under the U.S. Securities Act.
|
||
This announcement is for information purposes only and does not constitute an invitation or
|
||
offer to acquire, purchase or subscribe for securities. This announcement is not a prospectus.
|
||
Potential investors should read the Prospectus dated May 12, 2025 issued by Contemporary
|
||
Amperex Technology Co., Limited for detailed informatio n about the Global Offering
|
||
described below before deciding whether or not to invest in the H Shares thereby being
|
||
offered.
|
||
*Potential investors of the Offer Shares should note that the Joint Sponsors and the Overall
|
||
Coordinators (for themselves and on behalf of the Hong Kong Underwriters) shall be entitled
|
||
to terminate their obligations under the Hong Kong Underwriting Agreement with immediate
|
||
effect upon the occurrence of any of the events set out in the section headed “Underwriting
|
||
– Underwriting Arrangements – Hong Kong Pu blic Offering – Hong Kong Underwriting
|
||
Agreement – Grounds for Termination” in the Prospectus at any time prior to 8:00 a.m.
|
||
(Hong Kong time) on the Listing Date (which is currently expected to be on May 20, 2025).
|
||
|
||
|
||
--- page 29 ---
|
||
29
|
||
PUBLIC FLOAT
|
||
|
||
The Stock Exchange has granted the Company a waiver from strict compliance with the
|
||
requirements of Rule 8.08(1)(b) of the Listing Rules that the minimum percentage of the H
|
||
Shares of the Company to be held by the publ ic from time to time shal l be no less than 1.6%
|
||
of the Company’s total issued share capital.
|
||
|
||
Immediately after the completion of the Global Offering (after taking into account the full
|
||
exercise of the Offer Size Adjustment Option and before any exercise of the Over-allotment
|
||
Option), the number of H Shares held in public hands represents approximately 2.99% of the
|
||
total issued share capital of the Company.
|
||
|
||
The Directors confirm that, immediately following the completion of the Global Offering (after
|
||
taking into account the full exercise of the Of fer Size Adjustment Option and before any
|
||
exercise of the Over-allotment Option), (i) no placee will, individually, be placed more than
|
||
10% of the enlarged issued share capital of the Company immediately after the Global Offering;
|
||
(ii) there will not be any new substantial Sh areholder immediately after the Global Offering;
|
||
(iii) the three largest public shareholders of the Company do not hold more than 50% of the H
|
||
shares in public hands at the time of the Listing in compliance with Rules 8.08(3) and 8.24 of
|
||
the Listing Rules; and (iv) there will be at least 300 Shareholders at the time of the Listing in
|
||
compliance with Rule 8.08(2) of the Listing Rules.
|
||
|
||
COMMENCEMENT OF DEALINGS
|
||
|
||
The H Share certificates will only become valid evidence of title at 8:00 a.m. on Tuesday, May
|
||
20, 2025 (Hong Kong time), provided that the Global Offering has become unconditional and
|
||
the right of termination described in the section headed “Underwriting – Underwriting
|
||
Arrangements – Hong Kong Public Offering – Grounds for Termination” in the Prospectus has
|
||
not been exercised. Investors who trade the H Shares on the basis of publicly available
|
||
allocation details prior to the receipt of H Share certificates or prior to the H Share certificates
|
||
becoming valid evidence of title do so entirely at their own risk.
|
||
|
||
Assuming that the Global Offering becomes unconditional at or before 8:00 a.m. on Tuesday,
|
||
May 20, 2025 (Hong Kong time), it is expected that dealings in the H Shares on the Stock
|
||
Exchange will commence at 9:00 a.m. on Tuesday, May 20, 2025 (Hong Kong time). The H
|
||
Shares will be traded in board lots of 100 H Sh ares each, and the stock code of the H Shares
|
||
will be 3750.
|
||
|
||
|
||
--- page 30 ---
|
||
30
|
||
|
||
|
||
By order of the Board
|
||
Contemporary Amperex Technology Co.,
|
||
Limited
|
||
Mr. Zeng Yuqun
|
||
Chairman of the Board and executive
|
||
Director
|
||
|
||
Hong Kong, May 19, 2025
|
||
|
||
As at the date of this announ cement, the Board comprises: (i) Mr. Zeng Yuqun, Mr. Pan Jian,
|
||
Mr. Li Ping, Mr. Zhou Jia, Dr. Ouyang Chuying and Mr. Zhao Fenggang as executive Directors;
|
||
and (ii) Dr. Wu Yuhui, Mr. Lin Xiaoxiong and Dr. Zhao Bei as independent non-executive
|
||
Directors.
|