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Welcome to Haitong Securities!

IPO and Refinancing

The Company provides IPO financing, refinancing, M&A and restructuring services to corporate clients. As of the end of 2023, the Company has completed 22 IPO projects (including those on the BSE), ranking third in the market, and raised RMB 46.615 billion, ranking second in the market; among them, there are 10 IPO projects on the STAR Market, raising RMB 37.970 billion, ranking first in the market of the financing amount, and ranking second of the number of listings.

IPO Financing

The Company customizes restructuring and issuance financing solutions based on the characteristics of enterprises to help them access the capital market and promote their rapid development.

Refinancing

The Company provides listed companies with a variety of financing services, such as issuance of additional shares to specific targets, issuance of convertible corporate bonds, allotment of shares, issuance of preferred shares, etc., to address their capital needs in further rapid development.

Outstanding Cases

United Nova Technology (UNT) is a leading specialty process foundry in China. In May 2023, the Company helped it successfully land on the STAR Market of the Shanghai Stock Exchange (SSE), raising a total of RMB 11.072 billion in proceeds upon the successful exercise of the over-allotment option in full. As a leading power semiconductor foundry, UNT has established three major technological directions: power semiconductors, sensors, and signal connectivity. In terms of industrial control areas such as new energy vehicles, wind-solar-storage and power grids, as well as products required by the high-end consumer market, UNT has continued to research and develop advanced processes and technologies, and has become the most important manufacturing base for automotive-grade IGBT chips and modules in China. Its products are widely applied in NEV main drive inverters, photovoltaic inverters and boosters, and its ultra-high voltage IGBTs have been applied in the intelligent flexible transmission system of the State Grid.

Hua Hong Semiconductor is the world's leading specialty process wafer foundry and the No.1 in the Chinese mainland, as well as the foundry with the most comprehensive coverage of specialty process platforms. It is the carrier of China's Project 909, leading and witnessing the development of China's chip industry. This project is difficult to execute and is a typical case of a red-chip company returning to the A-share market. The Company accurately grasped the key issues and provided effective ideas for Hua Hong Semiconductor's IPO. In August 2023, the Company helped it to be successfully listed on the SSE STAR Market, raising a total of RMB 21.2 billion. This project was the largest IPO project in terms of financing scale in that year, with strong economic and social benefits and demonstrative significance.

As one of the very few domestic enterprises to realize the large-scale supply of ultra-high purity electronic bulk gases, G-gas has developed the capability of preparing and stably supplying ppb-grade ultra-high purity electronic bulk gases by virtue of its self-developed core technology and many years of experience in gas production and operation, breaking through the technological barriers created by foreign capital and realizing the domestic substitution in the fields of integrated circuits, semiconductor displays, and so on. In August 2023, the Company helped it to be successfully listed on the SSE STAR Market and created four "firsts": the first electronic bulk gas stock in China, the first rare gas stock in China, the first STAR Market stock controlled by Guangzhou state-owned assets, and the largest stock in terms of the scale of A-share IPO fund-raising by a state-owned enterprise of Guangzhou in the past ten years, promoting the construction and development of the integrated circuit industry cluster in the Guangdong-Hong Kong-Macao Greater Bay Area.

Suochen Technology is the first CAE software stock in China, and also the first R&D and design industrial software enterprise sponsored by the Company. In April 2023, the Company helped it to be successfully listed on the SSE STAR Market, raising a total of RMB 2.537 billion, showing the Company's deep understanding of the industrial software industry as well as its excellent sponsorship and underwriting capabilities.


M&A and Restructuring

The Company accurately grasps the logic of industrial mergers and acquisitions, focuses on high-value M&A and restructuring transaction opportunities, and customizes restructuring plans, strategic planning and financing plans for enterprises, including M&A and restructuring of A-share-listed companies, strategic restructuring and integration in industries, market-based mergers and acquisitions, M&A and financing of non-listed companies, debt restructuring etc., and provides clients with all-around research and a package of full-process investment and financing services.

Outstanding Cases

Lujiazui's acquisition of high-quality assets in the heart of Shanghai is the first real estate M&A and restructuring project to be launched in the entire market and the first to be implemented in Shanghai after the creation of the "third arrow" in real estate.

ZJAMP Group is listed through the shell of Huatong Medicine, creating an all-round leading modern public enterprise within the supply and marketing cooperative system, and promoting the construction of a service platform for the production and life of urban and rural residents.

Shanghai Electric completed reverse mixed ownership reform as a private enterprise by acquiringYinghe Technology. What Shanghai Electric also acquired was a strategic position in the new energy industry chain.

Norinco Group acquired Jiangnan Chemical, investing in its civil explosives assets. This facilitated the overall listing of the central government-owned enterprise Norinco Group's civil explosives assets, and made it into a leader in the civil explosives industry.


BSE and NEEQ Listings

The Company provides SMEs with the whole industry chain professional services such as recommendation for NEEQ listings, ongoing supervision, stock issuance, sponsored listing on the BSE, M&A and restructuring, and transferring to other boards, etc. It accompanies and guides SMEs to leverage on the capital market for their continuous growth in order to realize leapfrog development.

Outstanding Cases

The Company successfully sponsored the BSE listings of Tianli Clad Metal, Hallsmart and Fuheng New Material.

Tianli Clad Metal is the first explosive cladding material stock

Hallsmart is the first small home appliance stock on the BSE

Fuheng New Material is the first BSE listed company based in Bao'an District, Shenzhen

The Company successfully recommended Santacc Energy, Transparent Electronic Technology, Luxen Solar and Guangzhou Jinghua Precision Optics for listing on the NEEQ.

 

Overseas Investment Banking

Haitong International Securities Group Limited

Haitong International Securities Group Limited (hereinafter referred to as "Haitong International Securities"), a subsidiary of the Company, provides comprehensive financial services such as private wealth management, corporate finance, asset management and global markets to global and local enterprises, institutions and high-net-worth clients, and has built up a financial services network covering the world's major capital markets such as Hong Kong, Singapore, New York, London, Tokyo, Mumbai and Sydney.

Outstanding Cases

Jointly-sponsored the dual primary listing of MINISO (9896.HK) in Hong Kong.

Jointly-sponsored the Hong Kong IPO of Gaush Meditech (2407.HK), one of the largest domestic players in China's ophthalmic medical device market.

Jointly-sponsored the Hong Kong IPO of Beauty Farm (2373.HK), one of the largest traditional beauty service providers in China.

Haitong Bank

Haitong Bank, a subsidiary of Haitong Securities, is a versatile bank based in Lisbon, Portugal. It operates under the supervision of the European Central Bank, and mainly provides corporate investment banking services and institutional services. Its corporate investment banking business includes structured finance, corporate derivatives, M&A consulting and capital market services. Its institutional business includes fixed income and asset management. In addition to Lisbon, Portugal, Haitong Bank has outlets in Madrid, London, Warsaw, Sao Paulo, Paris, and Macau. It develops cross-border business cooperation between China and Europe and between China and Latin America based on the development of local business

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