What does Ganzhou Tengyuan Cobalt New Materials Co., Ltd. do?

Ganzhou Tengyuan Cobalt New Materials Co., Ltd. is a new joint-stock enterprise established in 2004. It is a high-tech enterprise integrating the smelting, processing, application, and trade of cobalt, copper, and nickel metal materials with an annual production capacity of 1,000 tons of cobalt metal. Our company has advanced technology, sophisticated equipment and perfect quality system. Using automated extraction technology, physical and chemical tests, and advanced detection methods, we can produce cobalt series products of various physical and chemical qualities for users.

Ganzhou Tengyuan Cobalt New Materials Co., Ltd. (hereinafter referred to as "Tengyuan Cobalt", the "Issuer") issued an initial public offering of 31.4869 million RMB ordinary shares (A shares) (hereinafter referred to as "This issuance") and the application for listing on the GEM have been reviewed and approved by the members of the GEM Listing Committee of the Shenzhen Stock Exchange (hereinafter referred to as the "SZSE"), and have been approved for registration by the China Securities Regulatory Commission (CSRC Permit [2021] 4042 Number).

The issuer negotiated with Dongxing Securities Co., Ltd. (hereinafter referred to as the "sponsor (lead underwriter)" or "Dongxing Securities") to determine the number of shares for this issuance to be 31.4869 million shares. The price is RMB 173.98 per share.

This issuance adopts targeted allotment to strategic investors (hereinafter referred to as "strategic allotment"), offline inquiry and allotment to qualified offline investors (hereinafter referred to as "offline issuance") and online The issuance will be carried out through a combination of pricing and issuance (hereinafter referred to as "online issuance") to public investors who hold non-restricted A shares in the Shenzhen market and the market value of non-restricted depositary receipts.

The initial strategic placement number of this issuance is 6,297,380 shares, accounting for 20% of the number of this issuance. Based on the final issuance price, the strategic placement of this issuance consists of a special asset management plan for the issuer’s senior managers and core employees and other strategic investors. The final number of strategic allotment shares of the issuer's special asset management plan for senior managers and core employees was 402,333 shares, accounting for 1.28% of the number of this issuance; the final number of strategic allotment shares of other strategic investors was 5,632,829 shares, accounting for 1.28% of the number of this issuance. of 17.89.