Is CICC Telecom busy?

Every company will be busy.

Zhongxin Jingwei, September 24th, China Telecom (60 1728) announced the implementation announcement of the initial public offering of over-allotment stock options, saying that CICC, as the co-lead underwriter of the operation of issuing green shoes, used the funds obtained from this over-allotment to buy 6.255 billion yuan of shares from the secondary market by bidding, all of which were bought at 4.53 yuan/share.

China Telecom was listed on the Shanghai Stock Exchange on August 20th. After the expiration of the "Green Shoes Mechanism", China Telecom launched a plan to increase its holdings by 4 billion yuan. The company's share price rose first and then fell, but finally fell below the issue price.

According to the announcement, the exercise period of China Telecom's A-share over-allotment option expires on September 22nd, 20021. According to the A-share issue price of 4.53 yuan per share, the company issued 65.438+0.0396 billion A-shares, accounting for 654.38+0.7% of the initial A-shares (before exercising the over-allotment right). The total amount of funds raised by the company is about 809 million yuan, and with the initial issuance of about 654.38+00.396 billion A shares, the total amount of funds raised by the company is about 47.904 billion yuan. After deducting the issue cost of about 388 million yuan, the net fund raised is about 475.1600 million yuan.

During the stable market period of China Telecom's issuance (that is, from August 20th to September 22nd), China International Capital Corporation Limited, as the co-lead underwriter of the operation of issuing green shoes, used the funds obtained from the over-allotment of this issuance to buy about 65,438+03,865,438+0 billion shares from the secondary market by bidding, corresponding to about 6.255 billion yuan, all of which were bought at 4.53 yuan per share.

China Telecom said that all the funds raised, including the funds raised by Chaofa shares, will be used for the company's 5g industrial Internet construction project, cloud network integration new information infrastructure project and scientific and technological innovation research and development project.

The announcement shows that the number of shares issued this time is 65.438+0.0575 billion shares, of which 56.5438+83 billion shares were placed to strategic investors, accounting for about 49.05438+0% of the number of shares issued this time; Placing about 65.438+0409 billion shares to offline investors, accounting for about 654.38+03.32% of the final issued shares; About 3.983 billion shares were placed with online investors, accounting for 37.66% of the final issued shares.

Every company will be busy.