According to the provisions of the science and technology innovation board, strategic investors should implement a sales restriction period of no less than 12 months. Ants requirements are more stringent. Strategic investors, including Alibaba, need to promise that 50% of the shares will be restricted for 12 months and 50% for 24 months.
According to the issuance arrangement, ant A shares issued online and offline Da Xin shares reached 334 million shares before the call back mechanism and the green shoes were launched. At present, the external valuation of ant is around 2 trillion, which means that in addition to the strategic placement, ant will provide more than 20 billion yuan for the A-share market to strike new, which is even far beyond the IPO Financing scale of many science and Technology Innovation Board companies, ending the history that domestic investors are difficult to share the development dividend of Chinas technology Internet companies.
If the subscription situation is hot, triggering the call back mechanism and the green shoes mechanism, market investors can also share a larger share. If the A-share over allotment option is fully exercised, the total number of a shares issued will be expanded to no more than 1.92 billion shares.
In addition, before the launch of the call back mechanism and the launch of the green shoes of a shares, the initial number of online issuance was 66.828 million; before the launch of the call back mechanism and after the opening of the over allotment, the initial online issuance was 317 million shares, accounting for 54.29% of the number of a shares issued after deducting the number of initial strategic allotments.
Ant group subscription time is October 29, the display code is 688688
Financial Association on October 21, ant group announced that the initial inquiry time of this issue is October 23, the time of subscription is October 29, the date of payment is November 2, and the date of stock listing is after the completion of the stock issuance, and the company will apply for listing on the science and technology innovation board as soon as possible. The display code is 688688.
Ant group: achieved 118.191 billion yuan of operating revenue in the first three quarters, up 42.56% year on year
Financial Association on October 21, ant group announced that in the first three quarters, it realized 118.191 billion yuan of operating revenue, a year-on-year increase of 42.56%, mainly from the growth of digital financial technology platform revenue; gross profit of 69.549 billion yuan, a year-on-year increase of 74.28%; the overall gross profit rate increased from 48.13% in the same period of last year to 58.84%.