geometrybase
6d05056609
Request: - Use archivist to close the 137 T1 ipo_demand source-only gaps using extracted PDF text. Changes: - Add an incremental T1 demand text backfill script. - Parse existing allotment-result extracted text into ipo_demand. - Archive linked Summary PDFs from old HKEX HTML allotment-result pages. - Correct allotment-result selection to prefer primary result announcements over clarification or supplemental notices. - Add robust line-aware allotment parsing and document the workflow in archivist and README. - Record the backfill result in a report. Execution: - Selected 137 source-only T1 demand gaps. - Wrote 137 ipo_demand rows, increasing ipo_demand from 154 to 291 rows. - Archived 38 new HKEX allotment-result PDFs and extracted their text. - Confirmed an incremental rerun selects 0 gaps and writes 0 rows. Verification: - Ran git diff --cached --check. - Ran py_compile for archive_hkex_documents.py and backfill_t1_demand_from_text.py. - Checked SQLite integrity and foreign keys. - Confirmed DB row counts match CSV snapshots. - Verified no T1 complete row is missing ipo_demand. - Verified source_refs paths/files/hashes and PDF extracted-text manifest hashes. Next useful context: - T1 demand structure is complete for listed rows; 06106 and 06675 remain pending_not_due. - T2 grey-market and due price-performance gaps remain separate archivist priorities. - Analyst output should be regenerated before using the new T1 demand facts for scoring.
1044 lines
31 KiB
Plaintext
1044 lines
31 KiB
Plaintext
--- page 1 ---
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1
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Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Stock Exchange ”)
|
||
and Hong Kong Securities Clearing Company Limited ( “HKSCC ”) take no responsibility for the contents of this
|
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announcement, make no representation as to its accuracy 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.
|
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Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as those
|
||
defined in the prospectus dated June 20, 2024 (the “Prospectus ”) issued by Laopu Gold Co., Ltd.* (the “Company ”).
|
||
This announcement is for information purposes only and does not constitute an offer or an invitation to induce an offer
|
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to acquire, purchase or subscribe for any securities of the Company. This announcement is not a prospectus. Potential
|
||
investors should read the Prospectus for detailed information about the Company and the Global Offering described
|
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below before deciding whether or not to invest in the Offer Shares. Any investment decision in relation to the Offer
|
||
Shares should be taken solely in reliance on the information provided in the Prospectus.
|
||
This announcement does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale
|
||
of Offer Shares in any jurisdiction in which such offer, solicitation or sales would be unlawful. 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
|
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or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or in any other
|
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jurisdiction. The Offer Shares have not been, and will not be, registered under the United States Securities Act of
|
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1933, as amended from time to time (the “U.S. Securities Act ”) or securities law of any state or other jurisdiction of
|
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the United States and may not be offered, sold, pledged or transferred within the United States, except in transactions
|
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exempt from, or not subject to, the registration requirements of the U.S. Securities Act. The Company has not intended
|
||
and does not intend to make any public offer of securities in the United States. The Offer Shares are being offered and
|
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sold outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act.
|
||
Unless otherwise defined in this announcement, capitalized terms used herein shall have the same meanings as those
|
||
defined in the Prospectus.
|
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Potential investors of the Offer Shares should note that the Sole Overall Coordinator (for itself and on behalf of the
|
||
Hong Kong Underwriters) can, in its sole and absolute discretion, terminate the Hong Kong Underwriting Agreement
|
||
with immediate effect upon the occurrence of any of the events set out in the section headed “Underwriting –
|
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Underwriting Arrangements – Hong Kong Public Offering – 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 June 28, 2024).
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In connection with the Global Offering, China Securities (International) Corporate Finance Company Limited as
|
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stabilizing manager (the “Stabilizing Manager ”) (or its affiliates or any person acting for it), on behalf of the
|
||
Underwriters, may over-allocate or effect transactions with a view to stabilizing or supporting the market price of
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the H Shares at a level higher than that which might otherwise prevail for a limited period after the Listing Date.
|
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However, there is no obligation on the Stabilizing Manager (or its affiliates or any person acting for it) to conduct
|
||
any such stabilizing action, which, if taken, will be done at the absolute discretion of the Stabilizing Manager (or its
|
||
affiliates or any person acting for it) and may be discontinued at any time. Any such stabilizing action is required to
|
||
be brought to an end on the 30th day after the last day for lodging applications under the Hong Kong Public Offering,
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||
being Thursday, July 25, 2024. Such stabilisation action, if commenced, may be effected in all jurisdictions where it is
|
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permissible to do so, in each case in compliance with all applicable laws, rules and regulatory requirements, including
|
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the Securities and Futures (Price Stabilizing) Rules (Cap. 571W of the Laws of Hong Kong), as amended, made under
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the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong). Potential investors should be aware that
|
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no stabilizing action can be taken on the Hong Kong Stock Exchange to support the price of the H Shares for longer
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than the stabilization period which begins on the Listing Date and is expected to expire on Thursday, July 25, 2024,
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being the 30th day after the last day for lodging applications under the Hong Kong Public Offering. After this date,
|
||
when no further stabilizing action may be taken, demand for the H Shares, and therefore the price of the H Shares,
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could fall.
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--- page 2 ---
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2
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Laopu Gold Co., Ltd.*
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老鋪 黃 金股份有限公司
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(A joint stock company incorporated in the People ’s Republic of China with limited liability)
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GLOBAL OFFERING
|
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Number of Offer Shares under the
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Global Offering
|
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: 22,368,900 H Shares (taking into account
|
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the full exercise of the Offer Size
|
||
Adjustment Option and subject to the
|
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Over-allotment Option)
|
||
Number of Hong Kong Offer Shares : 11,184,500 H Shares (as adjusted after
|
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reallocation and taking into account
|
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the full exercise of the Offer Size
|
||
Adjustment Option)
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Number of International Offer Shares : 11,184,400 H Shares (as adjusted after
|
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reallocation and taking into account
|
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the full exercise of the Offer Size
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Adjustment Option and subject to the
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Over-allotment Option)
|
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Offer Price : HK$40.50 per H Share, plus brokerage
|
||
of 1.0%, SFC transaction levy of
|
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0.0027%, AFRC transaction levy of
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0.00015% and Hong Kong Stock
|
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Exchange trading fee of 0.00565%
|
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(payable in full on application in Hong
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Kong dollars and subject to refund)
|
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Nominal value : RMB1.00 per H Share
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Stock code : 6181
|
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Sole Sponsor
|
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Sole Overall Coordinator and Sole Global Coordinator
|
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Joint Bookrunners and Joint Lead Managers Joint Lead Manager
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* For identification purpose only
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--- page 3 ---
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LAOPU GOLD CO., LTD* / 老鋪黃金股份有限公司
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ANNOUNCEMENT OF ALLOTMENT RESULTS
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|
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Unless otherwise defined herein, capitalised terms used in this announcement shall have the
|
||
same meanings as those defined in the prospectus dated June 20, 2024 (the “Prospectus”)
|
||
issued by Laopu Gold Co., Ltd.* (the “Company”).
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||
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||
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Warning: In view of high concentration of shareholding in a small number of H
|
||
Shareholders, H Shareholders and prospective investors should be aware that the price
|
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of the H Shares could move substantially even with a small number of H Shares traded
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and should exercise extreme caution when dealing in the H Shares.
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SUMMARY
|
||
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Company Information
|
||
Stock Code 6181
|
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Stock Short Name LAOPU GOLD
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Dealings commencement date June 28, 2024#
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# see note at the end of the announcement
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Price Information
|
||
Offer Price HK$40.50
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Offer Price Adjustment exercised N/A
|
||
|
||
Offer Shares and Share Capital
|
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Number of Offer Shares 22,368,900
|
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Number of Offer Shares in Hong Kong
|
||
Public Offer ing (after reallocation and
|
||
exercise of Offer Size Adjustment
|
||
Option)
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11,184,500
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Number of offer shares in International
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||
Offering (after reallocation and exercise
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of Offer Size Adjustment Option)
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11,184,400
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Number of issued shares upon Listing 165,011,400
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The number of offer shares above is determined after taking into account the additional
|
||
shares issued under the following Offer Size Adjustment Option and assuming the Over-
|
||
allotment Option is not exercised.
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||
|
||
Offer Size Adjustment Option (Upsize option)
|
||
Number of additional shares issued
|
||
under the option
|
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2,917,600
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- Hong Kong Public Offering 1,458,800
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||
* For identification purpose only
|
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--- page 4 ---
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- International Offering 1,458,800
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The Offer Size Adjustment Option was exercised in full, pursuant to which the Company is
|
||
issuing and allotting 2,917,600 additional Offer Shares, representing approximately 15.00%
|
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of the total number of Offer Shares initially available under the Global Offering, at the Offer
|
||
Price.
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||
|
||
Over-allocation
|
||
No. of Offer Shares over-allocated 3,355,300
|
||
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 Offer Price or through
|
||
deferred delivery or a combination of these means. In the event the Over -allotment Option
|
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is exercised, an announcement will be made on the Stock Exchange’s website.
|
||
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Proceeds
|
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Gross proceeds (Note) HK$ 905.94 million
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Less: Estimated listing expenses
|
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payable
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HK$(79.30) million
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Net Proceeds HK$ 826.64 million
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Note: Gross proceeds refers to the amount to which the issuer is entitled to receive assuming
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the Over-allotment Option is not exercised . For details of the use of proceeds, please refer
|
||
to the Prospectus dated June 20, 2024.
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ALLOTMENT RESULTS DETAILS
|
||
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HONG KONG PUBLIC OFFERING
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||
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No. of valid applications 42,474
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No. of successful applications 20,289
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Subscription level 582.15 times
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Claw-back triggered Yes
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||
No. of Offer Shares initially available under the Hong Kong Public
|
||
Offering
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1,945,200
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||
No. of Offer Shares reallocated from the International Offering (claw-
|
||
back)
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7,780,500
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Final no. of Offer Shares under the Hong Kong Public Offering (after
|
||
reallocation and exercise of Offer Size Adjustment Option)
|
||
11,184,500
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|
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% of Offer Shares under the Hong Kong Public Offering to the Global
|
||
Offering (after reallocation, over-allocation, and exercise of Offer Size
|
||
Adjustment Option)
|
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43.48%
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Note: For details of the final allocation of shares to the Hong Kong Public Offering, investors
|
||
can refer to www.eipo.com.hk/eIPOAllotment to perform a search by name or identification
|
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number or www.eipo.com.hk/eIPOAllotment for the full list of allottees.
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--- page 5 ---
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INTERNATIONAL OFFERING
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||
|
||
|
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No. of placees 108
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Subscription Level 11.90 times
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No. of Offer Shares initially available under the International Offering 17,506,100
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No. of Offer Shares reallocated to the Hong Kong Public Offering (claw-
|
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back)
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||
7,780,500
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||
Final no. of Offer Shares under the International Offer ing (after
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reallocation, over-allocation, and exercise of Offer Size Adjustment
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Option)
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14,539,700
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% of Offer Shares under the International Offer ing to the Global
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||
Offering (after reallocation, over-allocation, and exercise of Offer Size
|
||
Adjustment Option)
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56.52%
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||
|
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The Directors confirm that, to the best of their knowledge, information and belief, save for a
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waiver from strict compliance with Rule 10.04 of the Listing Rules and a consent under
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paragraph 5(2) of Appendix F1 to the Listing Rules (the “Placing Guidelines”) granted by the
|
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Stock Exchange to permit the Company to allocate certain Offer Shares in the International
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Offering to close associa tes of certain existing shareholders , (i) none of the Offer Shares
|
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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, controlling
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shareholders, substantial shareholders, existing shareholders of the Company or any of its
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||
subsidiaries or their respective close associates; and (ii) none of the placees and the public
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||
who have purchased the Offer Shares are accustomed to taking instructions from the Company,
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||
any of the Directors, Supervisors, chief executive of the Company, controlling shareholders,
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||
substantial shareholders, existing shareholders of the Company or any of its subsidiaries or
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||
their respective close associates in relation to the acquisition, disposal, voting or other
|
||
disposition of Shares registered in his/her/its name or otherwise held by him/her/it.
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||
|
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The placees in the International Offering include the following:
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||
|
||
Cornerstone Investors
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||
|
||
Investor No. of Offer
|
||
Shares
|
||
allocated
|
||
% of Offer
|
||
Shares
|
||
% of total
|
||
issued H
|
||
Shares after
|
||
the Global
|
||
Offering
|
||
% of total
|
||
issued share
|
||
capital after
|
||
the Global
|
||
Offering
|
||
Existing
|
||
shareholders
|
||
or their
|
||
close
|
||
associates
|
||
Huang River
|
||
Investment
|
||
Limited
|
||
6,751,000 30.18% 7.38% 4.09% No
|
||
China 2,025,300 9.05% 2.22% 1.23% No
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||
|
||
|
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--- page 6 ---
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Southern
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Asset
|
||
Management
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||
Co., Ltd.
|
||
CPE Greater
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||
China
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||
Enterprises
|
||
Growth Fund
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2,025,300 9.05% 2.22% 1.23% No
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||
Total 10,801,600 48.29% 11.82% 6.55%
|
||
Assuming the Over-allotment Option is not exercised.
|
||
|
||
Allottees with waivers/consents obtained
|
||
|
||
Investor No. of
|
||
Offer
|
||
Shares
|
||
allocated
|
||
% of Offer
|
||
Shares
|
||
% of total
|
||
issued H
|
||
Shares
|
||
after the
|
||
Global
|
||
Offering
|
||
% of total
|
||
issued
|
||
share
|
||
capital
|
||
after the
|
||
Global
|
||
Offering
|
||
Relationship*
|
||
BA Sky
|
||
Limited
|
||
384,300 1.72% 0.42% 0.23% Existing
|
||
shareholder/Director
|
||
or its close associate
|
||
Total 384,300 1.72% 0.42% 0.23%
|
||
Assuming the Over-allotment Option is not exercised.
|
||
|
||
* BA Sky Limited is wholly-owned by BA Capital Fund. The general partner of BA Capital
|
||
Fund is BA Capital Limited, which is ultimately controlled by Mr. HE Yu. Xiamen Heiyi and
|
||
Suzhou Yimei are existing shareholders of the Company holding 2,655,800 Shares
|
||
(representing approximately 1.61% of the voting rights of the Company immediately after
|
||
the completion of the Global Offering (assuming the Over-allotment Option is not exercised))
|
||
and 2,121,700 Shares (representing approximately 1.29% of the voting rights o f the
|
||
Company immediately after the completion of the Global Offering (assuming the Over -
|
||
allotment Option is not exercised)), respectively. Xiamen Heiyi is a limited partnership
|
||
incorporated in the PRC with Xiamen Yiyuan as its general partner. Suzhou Yimei is a limited
|
||
partnership incorporated in the PRC with Xiamen Yiyuan as its general partner. In addition,
|
||
BA HM Hong Kong Limited, which holds approximately 98.43% interests of Suzhou Yimei
|
||
as one of its limited partners, is controlled by BA Capital Fund. Xiamen Yiyuan is ultimately
|
||
controlled by Mr. HE Yu. As such, BA Sky is a close associate of Xiamen Heiyi and Suzhou
|
||
Yimei, which are existing shareholders of the Company holding 2,655,800 Shares
|
||
(representing approximately 1.61% of the voting rights of t he Company immediately after
|
||
the completion of the Global Offering (assuming the Over-allotment Option is not exercised))
|
||
and 2,121,700 Shares (representing approximately 1.29% of the voting rights of the
|
||
Company immediately after the completion of the Glo bal Offering (assuming the Over -
|
||
|
||
|
||
--- page 7 ---
|
||
allotment Option is not exercised)), respectively. The Company has applied for, and the
|
||
Exchange has granted, a waiver from strict compliance with Rule 10.04 of the Listing Rules
|
||
and a consent under Paragraph 5(2) of Appendi x F1 to the Listing Rules for allocation of
|
||
Offer Shares under the International Offering to BA Sky Limited. The allocation of Offer
|
||
Shares to BA Sky Limited is in compliance with all the conditions under the waiver and
|
||
consent granted by the Stock Exchange.
|
||
|
||
LOCK-UP UNDERTAKINGS
|
||
|
||
Existing Shareholders (excluding Pre-IPO Investors)
|
||
|
||
Name Number of 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
|
||
(assuming the
|
||
Over-allotment
|
||
Option is not
|
||
exercised)
|
||
% of
|
||
shareholding
|
||
in the
|
||
Company
|
||
subject to lock-
|
||
up
|
||
undertakings
|
||
upon listing
|
||
(assuming the
|
||
Over-allotment
|
||
Option is not
|
||
exercised)
|
||
Last day
|
||
subject to the
|
||
lock-up
|
||
undertakings
|
||
Beijing
|
||
Hongqiao Jinji
|
||
Consulting
|
||
Co., Ltd. /北京
|
||
紅喬金季諮詢
|
||
顧問有限公司
|
||
56,101,300
|
||
(including
|
||
22,440,520 H
|
||
Shares)
|
||
24.55% 34.00% June 27, 2025
|
||
Xu Gaoming /
|
||
徐高明
|
||
31,934,400
|
||
(including
|
||
12,773,760 H
|
||
Shares)
|
||
13.97% 19.35% June 27, 2025
|
||
Xu Dongbo /徐
|
||
東波
|
||
14,319,200
|
||
(including
|
||
5,727,680 H
|
||
Shares)
|
||
6.27% 8.68% June 27, 2025
|
||
Tianjin
|
||
Jincheng
|
||
Enterprise
|
||
Management
|
||
Consulting
|
||
L.P. (Limited
|
||
9,284,900
|
||
(including
|
||
4,642,450 H
|
||
Shares)
|
||
5.08% 5.63% June 27, 2025
|
||
|
||
|
||
--- page 8 ---
|
||
Partnership) /
|
||
天津金橙企業
|
||
管理諮詢合夥
|
||
企業 ( 有限合
|
||
夥)
|
||
Tianjin Jinji
|
||
Enterprise
|
||
Management
|
||
Consulting
|
||
L.P. (Limited
|
||
Partnership) /
|
||
天津金積企業
|
||
管理諮詢合夥
|
||
企業 ( 有限合
|
||
夥)
|
||
4,351,000 H Shares 4.76% 2.64% June 27, 2025
|
||
Tianjin Jindi
|
||
Enterprise
|
||
Management
|
||
Consulting
|
||
L.P. (Limited
|
||
Partnership) /
|
||
天津金諦企業
|
||
管理諮詢合夥
|
||
企業 ( 有限合
|
||
夥)
|
||
2,592,500 H Shares 2.84% 1.57% June 27, 2025
|
||
Tianjin
|
||
Jinyong
|
||
Enterprise
|
||
Management
|
||
Consulting
|
||
L.P. (Limited
|
||
Partnership) /
|
||
天津金詠企業
|
||
管理諮詢合夥
|
||
企業 ( 有限合
|
||
夥)
|
||
1,587,700 H Shares 1.74% 0.96% June 27, 2025
|
||
Tianjin Jinli
|
||
Enterprise
|
||
Management
|
||
Consulting
|
||
L.P. (Limited
|
||
Partnership) /
|
||
天津金蒞企業
|
||
管理諮詢合夥
|
||
1,256,100 H Shares 1.37% 0.76% June 27, 2025
|
||
|
||
|
||
--- page 9 ---
|
||
企業 ( 有限合
|
||
夥)
|
||
Subtotal 121,427,100
|
||
(including
|
||
55,371,710 H
|
||
Shares)
|
||
60.57% 73.59%
|
||
The expiry date of the lock-up period shown in the table above is pursuant to applicable PRC
|
||
law.
|
||
|
||
Pre-IPO Investors
|
||
|
||
Name Number of
|
||
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
|
||
(assuming the
|
||
Over-allotment
|
||
Option is not
|
||
exercised)
|
||
% of
|
||
shareholding in
|
||
the Company
|
||
subject to lock-
|
||
up
|
||
undertakings
|
||
upon listing
|
||
(assuming the
|
||
Over-allotment
|
||
Option is not
|
||
exercised)
|
||
Last day subject
|
||
to the lock-up
|
||
undertakings
|
||
Chen Guodong /
|
||
陳國棟
|
||
15,072,900
|
||
(including
|
||
7,536,450 H
|
||
Shares)
|
||
8.24% 9.13% June 27, 2025
|
||
Xiamen Heiyi
|
||
No. 3 Equity
|
||
Investment
|
||
Partnership
|
||
(Limited
|
||
Partnership) /
|
||
廈門黑蟻三號
|
||
股權投資合夥
|
||
企業(有限合夥)
|
||
2,655,800 H
|
||
Shares
|
||
2.91% 1.61% June 27, 2025
|
||
Suzhou Yimei
|
||
Investment
|
||
Partnership
|
||
(Limited
|
||
Partnership) /
|
||
蘇州逸美創業
|
||
投資合夥企業
|
||
(有限合夥)
|
||
2,121,700 H
|
||
Shares
|
||
2.32% 1.29% June 27, 2025
|
||
|
||
|
||
--- page 10 ---
|
||
Fosun Hanxing
|
||
(Hangzhou)
|
||
Equity
|
||
Investment Fund
|
||
L.P. (Limited
|
||
Partnership) /
|
||
復星漢興（杭
|
||
州） 股權投資基
|
||
金合夥企業 (有
|
||
限合夥)
|
||
1,365,000 H
|
||
Shares
|
||
1.49% 0.83% June 27, 2025
|
||
Subtotal 21,215,400
|
||
(including
|
||
13,678,950 H
|
||
Shares
|
||
14.96% 12.86%
|
||
The expiry date of the lock-up period shown in the table above is pursuant to applicable PRC
|
||
law.
|
||
|
||
|
||
--- page 11 ---
|
||
Cornerstone Investors
|
||
|
||
Name Number of 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
|
||
(assuming the
|
||
Over-
|
||
allotment
|
||
Option is not
|
||
exercised)
|
||
% of
|
||
shareholding
|
||
in the
|
||
Company
|
||
subject to
|
||
lock-up
|
||
undertakings
|
||
upon listing
|
||
(assuming the
|
||
Over-
|
||
allotment
|
||
Option is not
|
||
exercised)
|
||
Last day
|
||
subject to the
|
||
lock-up
|
||
undertakings
|
||
Huang River
|
||
Investment
|
||
Limited
|
||
6,751,000 7.38% 4.09% December 27,
|
||
2024
|
||
China
|
||
Southern
|
||
Asset
|
||
Management
|
||
Co., Ltd.
|
||
2,025,300 2.22% 1.23% December 27,
|
||
2024
|
||
CPE Greater
|
||
China
|
||
Enterprises
|
||
Growth Fund
|
||
2,025,300 2.22% 1.23% December 27,
|
||
2024
|
||
Subtotal 10,801,600 11.82% 6.55%
|
||
The expiry date of the lock -up period shown in the table above is pursuant to the relevant
|
||
Cornerstone Investment Agreement.
|
||
|
||
|
||
--- page 12 ---
|
||
PLACEE CONCENTRATION ANALYSIS
|
||
|
||
Placees
|
||
Number of
|
||
H Shares
|
||
allotted
|
||
|
||
Allotment as
|
||
% of
|
||
International
|
||
Offering
|
||
(assuming no
|
||
exercise of the
|
||
Over-
|
||
allotment
|
||
Option)
|
||
Allotment as
|
||
% of
|
||
International
|
||
Offering
|
||
(assuming the
|
||
Over-
|
||
allotment
|
||
Option is
|
||
exercised and
|
||
new H Shares
|
||
are issued)
|
||
Allotment as %
|
||
of total Offer
|
||
Shares
|
||
(assuming no
|
||
exercise of the
|
||
Over- allotment
|
||
Option)
|
||
Allotment as
|
||
% of total
|
||
Offer Shares
|
||
(assuming the
|
||
Over-
|
||
allotment
|
||
Option is
|
||
exercised and
|
||
new H Shares
|
||
are issued)
|
||
Number of
|
||
Shares held
|
||
upon Listing
|
||
|
||
% of total issued
|
||
share capital
|
||
upon Listing
|
||
(assuming no
|
||
exercise of the
|
||
Over-allotment
|
||
Option)
|
||
·% of total
|
||
issued share
|
||
capital upon
|
||
Listing
|
||
(assuming the
|
||
Over-allotment
|
||
Option is
|
||
exercised and
|
||
new H Shares
|
||
are issued)
|
||
Top 1 6,751,000 60.36% 46.43% 30.18% 26.24% 6,751,000 4.09% 4.01%
|
||
Top 5 11,570,200 103.45% 79.58% 51.72% 44.98% 16,347,700 9.91% 9.71%
|
||
Top 10 12,854,700 114.93% 88.41% 57.47% 49.97% 17,632,200 10.69% 10.47%
|
||
Top 25 14,102,500 126.09% 96.99% 63.05% 54.82% 18,880,000 11.44% 11.21%
|
||
Notes
|
||
* Ranking of placees is based on the number of H Shares allotted to the placees.
|
||
|
||
H SHAREHOLDERS CONCENTRATION ANALYSIS
|
||
|
||
H
|
||
Shareholders*
|
||
Number of
|
||
H Shares
|
||
allotted
|
||
|
||
Allotment as
|
||
% of
|
||
International
|
||
Offering
|
||
(assuming no
|
||
exercise of
|
||
the Over-
|
||
allotment
|
||
Option)
|
||
Allotment as
|
||
% of
|
||
International
|
||
Offering
|
||
(assuming
|
||
the Over-
|
||
allotment
|
||
Option is
|
||
exercised
|
||
and new H
|
||
Shares
|
||
arssue
|
||
Allotment
|
||
as % of
|
||
total Offer
|
||
Shares
|
||
(assuming
|
||
no
|
||
exercise of
|
||
the Over-
|
||
allotment
|
||
Option)
|
||
Allotment
|
||
as % of
|
||
total
|
||
Offer
|
||
Shares
|
||
(assuming
|
||
the Over-
|
||
allotment
|
||
Option is
|
||
exercised
|
||
and
|
||
new H
|
||
Shares
|
||
are
|
||
issued)
|
||
Number of
|
||
H Shares
|
||
held upon
|
||
Listing
|
||
|
||
% of total
|
||
issued H
|
||
Shares
|
||
capital
|
||
upon
|
||
Listing
|
||
(assuming
|
||
no
|
||
exercise
|
||
of the
|
||
Over-
|
||
allotment
|
||
Option)
|
||
% of
|
||
total
|
||
issued H
|
||
Shares
|
||
capital
|
||
upon
|
||
Listing
|
||
(assuming
|
||
the Over-
|
||
allotment
|
||
Option is
|
||
exercised
|
||
and
|
||
new H
|
||
Shares
|
||
are
|
||
issued)
|
||
Number of
|
||
Shares held
|
||
upon Listing
|
||
|
||
Top 1 - 0.00% 0.00% 0.00% 0.00% 45,584,410 49.86% 48.10% 111,639,800
|
||
Top 5 7,135,300 63.80% 49.07% 31.90% 27.74% 69,384,660 75.90% 73.21% 142,976,500
|
||
Top 10 11,185,900 100.01% 76.93% 50.01% 43.48% 78,980,460 86.39% 83.33% 152,572,300
|
||
Top 25 13,687,600 122.38% 94.14% 61.19% 53.21% 82,738,260 90.50% 87.30% 156,330,100
|
||
Notes
|
||
* Ranking of H Shareholders is based on the number of H Shares held by the H Shareholders upon Listing.
|
||
|
||
|
||
--- page 13 ---
|
||
SHAREHOLDER CONCENTRATION ANALYSIS
|
||
Shareho
|
||
lders
|
||
Number
|
||
of H
|
||
Shares a
|
||
llotted
|
||
|
||
Allotment
|
||
as % of
|
||
Internationa
|
||
l Offering
|
||
(assuming
|
||
no exercise
|
||
of the Over-
|
||
allotment
|
||
Option)
|
||
Allotment
|
||
as % of
|
||
Internationa
|
||
l Offering
|
||
(assuming
|
||
the Over-
|
||
allotment
|
||
Option is
|
||
exercised
|
||
and new H
|
||
Shares are
|
||
issued)
|
||
Allotment
|
||
as % of
|
||
total Offer
|
||
Shares
|
||
(assuming
|
||
no exercise
|
||
of the Over-
|
||
allotment
|
||
Option)
|
||
Allotment
|
||
as % of
|
||
total Offer
|
||
Shares
|
||
(assuming
|
||
the Over-
|
||
allotment
|
||
Option is
|
||
exercised
|
||
and new H
|
||
Shares are
|
||
issued)
|
||
Number of
|
||
H Shares
|
||
held upon
|
||
Listing
|
||
Number of
|
||
Shares held
|
||
upon
|
||
Listing
|
||
|
||
% of total
|
||
issued share
|
||
capital upon
|
||
Listing
|
||
(assuming
|
||
no exercise
|
||
of the Over-
|
||
allotment
|
||
Option)
|
||
% of total
|
||
issued share
|
||
capital
|
||
upon
|
||
Listing
|
||
(assuming
|
||
the Over-
|
||
allotment
|
||
Option is
|
||
exercised
|
||
and new H
|
||
Shares are
|
||
issued)
|
||
Top 1 0 0.00% 0.00% 0.00% 0.00% 45,584,410 111,639,800 67.66% 66.31%
|
||
Top 5 7,135,3
|
||
00 63.80% 49.07% 31.90% 27.74% 69,384,660 142,976,500 86.65% 84.92%
|
||
Top 10 11,185,
|
||
900 100.01% 76.93% 50.01% 43.48% 78,980,460 152,572,300 92.46% 90.62%
|
||
Top 25 13,687,
|
||
600 122.38% 94.14% 61.19% 53.21% 82,738,260 156,330,100 94.74% 92.85%
|
||
Notes
|
||
* Ranking of Shareholders is based on the number of Shares (of all classes) held by the Shareholder upon Listing.
|
||
|
||
BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING
|
||
|
||
Subject to the satisfaction of the conditions set out in the Prospectus, valid applications made
|
||
by the public will be conditionally allocated on the basis set out below:
|
||
|
||
NO. OF H SHARES
|
||
APPLIED FOR
|
||
NO. OF VALID
|
||
APPLICATIONS
|
||
BASIS OF
|
||
ALLOTMENT/BALLOT
|
||
APPROXIMATE
|
||
PERCENTAGE
|
||
ALLOTTED OF THE
|
||
TOTAL NO. OF H SHARES
|
||
APPLIED FOR
|
||
100 8,000 0 H Shares 3.39% 100 281 100 H Shares
|
||
200 5,111 0 H Shares 3.38% 200 371 100 H Shares
|
||
300 530 0 H Shares 3.34% 300 59 100 H Shares
|
||
400 288 0 H Shares 3.31% 400 44 100 H Shares
|
||
500 635 0 H Shares 3.29% 500 125 100 H Shares
|
||
600 173 0 H Shares 3.26% 600 42 100 H Shares
|
||
700 113 0 H Shares 3.23% 700 33 100 H Shares
|
||
|
||
|
||
--- page 14 ---
|
||
800 157 0 H Shares 3.20% 800 54 100 H Shares
|
||
900 129 0 H Shares 3.19% 900 52 100 H Shares
|
||
1,000 5,811 0 H Shares 3.16% 1,000 2,686 100 H Shares
|
||
1,500 216 0 H Shares 3.16% 1,500 195 100 H Shares
|
||
2,000 903 0 H Shares 3.15% 2,000 1,538 100 H Shares
|
||
2,500 81 0 H Shares 3.15% 2,500 299 100 H Shares
|
||
3,000 38 0 H Shares 3.14% 3,000 622 100 H Shares
|
||
3,500 170 100 H Shares 3.14% 3,500 19 200 H Shares
|
||
4,000 276 100 H Shares 3.13% 4,000 93 200 H Shares
|
||
4,500 470 100 H Shares 3.13% 4,500 325 200 H Shares
|
||
5,000 408 100 H Shares 3.13% 5,000 531 200 H Shares
|
||
6,000 48 100 H Shares 3.13% 6,000 353 200 H Shares
|
||
7,000 210 200 H Shares 3.13% 7,000 50 300 H Shares
|
||
8,000 145 200 H Shares 3.13% 8,000 149 300 H Shares
|
||
9,000 28 200 H Shares 3.13% 9,000 126 300 H Shares
|
||
10,000 1,991 300 H Shares 3.13% 10,000 298 400 H Shares
|
||
20,000 2,132 600 H Shares 3.13% 20,000 750 700 H Shares
|
||
30,000 299 900 H Shares 3.13% 30,000 199 1,000 H Shares
|
||
40,000 120 900 H Shares 2.41% 40,000 224 1,000 H Shares
|
||
50,000 96 900 H Shares 1.93% 50,000 185 1,000 H Shares
|
||
60,000 58 900 H Shares 1.61% 60,000 112 1,000 H Shares
|
||
70,000 41 900 H Shares 1.38% 70,000 86 1,000 H Shares
|
||
80,000 31 900 H Shares 1.21% 80,000 71 1,000 H Shares
|
||
90,000 15 900 H Shares 1.08% 90,000 36 1,000 H Shares
|
||
|
||
|
||
--- page 15 ---
|
||
100,000 70 900 H Shares 0.98% 100,000 286 1,000 H Shares
|
||
150,000 2,132 1,000 H Shares 0.67%
|
||
200,000 107 1,200 H Shares 0.63% 200,000 137 1,300 H Shares
|
||
250,000 54 1,400 H Shares 0.59% 250,000 160 1,500 H Shares
|
||
300,000 34 1,700 H Shares 0.59% 300,000 78 1,800 H Shares
|
||
350,000 44 2,000 H Shares 0.59% 350,000 81 2,100 H Shares
|
||
400,000 34 2,300 H Shares 0.59% 400,000 50 2,400 H Shares
|
||
450,000 14 2,600 H Shares 0.59% 450,000 15 2,700 H Shares
|
||
500,000 46 2,900 H Shares 0.59% 500,000 46 3,000 H Shares
|
||
600,000 35 3,500 H Shares 0.59% 600,000 22 3,600 H Shares
|
||
700,000 14 4,100 H Shares 0.59% 700,000 6 4,200 H Shares
|
||
800,000 32 4,700 H Shares 0.59% 800,000 8 4,800 H Shares
|
||
900,000 8 5,300 H Shares 0.59%
|
||
972,600 142 5,700 H Shares 0.59% 972,600 88 5,800 H Shares
|
||
Total 42,474 11,184,500 H Shares
|
||
|
||
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 shares.
|
||
|
||
The Directors confirm that, to the best of their knowledge, no rebate has been, directly or
|
||
indirectly, provided by the Company, its Controlling Shareholders, Directors or syndicate
|
||
members to any placees or the public (as the case may be) and the consideration payable by
|
||
them for each Offer Share subscribed for or purchased by them was the same as the Offer Price
|
||
in addition to any brokerage, AFRC transaction levy, SFC transaction levy and trading fee
|
||
payable.
|
||
|
||
|
||
--- page 16 ---
|
||
DISCLAIMERS
|
||
|
||
|
||
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited
|
||
(the “Stock Exchange ”) and Hong Kong Securities Clearing Company Limited
|
||
(“HKSCC”) take no responsibility for the contents of this announcement, make no
|
||
representation as to its a ccuracy 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 does not constitute an offer to sell or the solic itation of an offer to buy
|
||
nor shall there be any sale of Offer Shares in any jurisdiction in which such offer, solicitation
|
||
or sales would be unlawful. 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 subscribe 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 from time to time (the
|
||
“U.S. Securities Act”). The securities may not be offered or sold in the United States, except
|
||
pursuant to an exemption from, or not subject to, the registration requirements of the U.S.
|
||
Securities Act. The Company has not intended and does not intend to make any 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 offer or an
|
||
invitation to induce an offer to acquire, purchase or subscribe for any securities of the
|
||
Company. This announcement is not a prospectus. Potential investors should r ead the
|
||
Prospectus for detailed information about the Company and the Global Offering described
|
||
below before deciding whether or not to invest in the Offer Shares.
|
||
# Potential investors of the Offer Shares should note that the Sole Overall Coordinator (f or
|
||
itself and on behalf of the Hong Kong Underwriters) can, in its sole and absolute discretion,
|
||
terminate 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 Public Offering – 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 June 28, 2024)
|
||
|
||
|
||
--- page 17 ---
|
||
3
|
||
PUBLIC FLOAT
|
||
Immediately after the completion of the Global Offering, 45,835,150 H Shares, representing
|
||
approximately 27.78% of the issued share capital of our Company will count towards the public
|
||
float (assuming the Over-allotment Option is not exercised), satisfying the minimum percentage
|
||
prescribed by Rule 8.08 of the Listing Rules.
|
||
The Directors confirm that, immediately following completion of the Global Offering: (i) at least
|
||
25% of the total number of issued Shares will be held by the public, in compliance with Rule
|
||
8.08(1) of the Listing Rules; (ii) the H Shares will be held by at least 300 Shareholders at the
|
||
time of Listing, in compliance with Rule 8.08(2) of the Listing Rules; (iii) the three largest public
|
||
Shareholders will not hold more than 50% of the Shares held in public hands at the time of Listing,
|
||
in compliance with Rule 8.08(3) of the Listing Rules; (iv) no placee will, individually, be placed
|
||
more than 10% of the enlarged issued share capital of the Company immediately after the Global
|
||
Offering; and (v) there will not be any new substantial Shareholder (as defined in the Listing
|
||
Rules) of the Company.
|
||
COMMENCEMENT OF DEALINGS
|
||
H Share certificates will only become valid evidence of title at 8:00 a.m. on Friday, June 28, 2024
|
||
(Hong Kong time), provided that the Global Offering has become unconditional and the right
|
||
of termination described in the section headed “Underwriting ” in the Prospectus has not been
|
||
exercised. Investors who trade H Shares prior to the receipt of H Share certificates or 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. in Hong Kong
|
||
on Friday, June 28, 2024, it is expected that dealings in the H Shares on the Hong Kong Stock
|
||
Exchange will commence at 9:00 a.m. on Friday, June 28, 2024. The H Shares will be traded in
|
||
board lots of 100 H Shares each and the stock code of the H Shares will be 6181.
|
||
By order of the Board
|
||
Laopu Gold Co., Ltd.*
|
||
老鋪黃金股份有限公司
|
||
Xu Gaoming
|
||
Chairman and Executive Director
|
||
Hong Kong, June 27, 2024
|
||
As at the date of this announcement, the Board of Directors of the Company comprises (i) Mr.
|
||
Xu Gaoming, Mr. Feng Jianjun, Mr. Xu Rui and Mr. Jiang Xia (effective upon Listing Date) as
|
||
executive directors; and (ii) Mr. Sun Yijun, Dr. He Yurun and Mr. See Tak Wah (effective upon
|
||
Listing Date) as independent non-executive directors.
|
||
* For identification purpose only
|