It is reported that the industrial wealthy alliance adopts an innovative issuance method of "strategic placement + partial lock down". On the evening of May 27, the preliminary announcement of the results of the initial public offering announced by the Industrial Fulian revealed that the final strategic issuance amount was 5.908 billion shares, accounting for 30% of the total number of issuances. There were 20 strategic investors and 20 companies. The subscription funds of strategic investors have been remitted to designated bank accounts within the specified time. Among them, the highest number of shares allotted was Shanghai SDIC's cooperation in the development of equity investment fund partnerships (limited partnerships), with 72.549 million shares; followed by Central Huijin Asset Management Co., Ltd. (hereinafter referred to as “Central Huijin”), with 5809.7 Shares. The China Railway Investment Co., Ltd. and the China State-owned Enterprise Structure Adjustment Fund Co., Ltd. were respectively allocated 43.572 million shares and 34.049 million shares. In addition, Baidu Online Network Technology (Beijing) Co., Ltd., Alibaba (China) Network Technology Co., Ltd. and Shenzhen CityTencentInformation Technology Co., Ltd. (hereinafter referred to as "BAT") was allocated 21.778 million shares respectively; among listed companies, China Life Insurance was allocated 3.904 million shares, and Oriental Pearl was assigned 21.778 million shares.
The announcement shows that the partners with the highest number of shares allotted by Shanghai SDIC to jointly develop equity investment fund partnerships (limited partnerships) include countriesDevelopmentInvestment Group Co., Ltd. (share of the shares accounted for 59.9%), the National Council for Social Security Fund (holding 40% of the shares) and SDIC Innovation Investment Management Co., Ltd. (share of the shares accounted for 0.1%). Central Huijin ranked second in the number of shares allotted was held 100% by Central Huijin Investment Co., Ltd. Central Huijin Investment Co., Ltd. was held 100% by China Investment Co., Ltd., while China Investment Co., Ltd. was 100% held by the State Council. . China State-owned Enterprise Structure Adjustment Fund Co., Ltd. and China Life Insurance Co., Ltd. and other three companies ranked fourth in the number of shares allotted.
It is understood that China State-owned Enterprise Structure Adjustment Fund Co., Ltd. is jointly held by several companies including Jianxin (Beijing) Investment Fund Management Co., Ltd., China Chengtong Holding Group Co., Ltd., and China Petroleum & Chemical Corporation. In the order of the highest number of shares allotted, the number of shares allotted by 11 companies such as BAT is tied for ninth, and the lock-up period for BAT and Oriental Pearl is 36 months.
It should be noted that Shanghai SDIC's joint efforts to develop equity investment fund partnerships (Limited Partnership), Central Huijin, China State-owned Enterprise Structure Adjustment Funds Co., Ltd. and China Life Insurance Co., Ltd. are all locked 50% for 12 months and 50% locked. 18 months.
Regarding the selection criteria for strategic allocation, Industrial Fulian stated that the choice of strategic investors is determined after fully considering the qualifications of investors and the long-term strategic cooperation relationship between the issuer. These include mainly having a good market reputation and market influence and representing the broad public. Investors of interest; or investors with strong financial strength, such as large state-owned enterprises or their subordinate enterprises, large insurance companies or their subordinate enterprises, and state-level investment funds; or have a strategic cooperation relationship or long-term cooperation vision with the issuer, and Investors who wish to hold shares for a long time.