Press Release

FCIB Acted as the Co-lead Underwriter for Mainboard Non-public Offering of BAIC BluePark New Energy Technology Co., Ltd.

2021-05-24

Transaction Overview:

BAIC BluePark New Energy Technology Co., Ltd. (600733.SH, hereinafter referred to as ‘BAIC BluePark’), with the great support of Co-lead underwriter FCIB, has successfully completed the share registration procedures in Shanghai Branch of CSDC on May 20, 2021.

The objects of this issue include BAIC group and its controlled related parties, BAIC Guangzhou and Bohai Automotive, as well as 16 investors including Galaxy Secruties,Caitong Fund and UBS AG. The net Offering Volume is RMB 5.45 billion, which will be used for Development and The internet Construction project of ARCFOX high-end models、5G intelligent network system upgrade project、System development project and supplementary flow funds, which will provide sufficient guarantee for BAIC BluePark 's next stage of strategic layout.

Transaction highlights:

BAIC BluePark specializes in R & D, production, sales and service of pure electric new energy passenger vehicles and core components. It is one of the few new energy vehicle enterprises in China that master the core technology of three electric systems and vehicle integration matching technology of pure electric vehicles. At present, it has formed an industrial layout covering Beijing and radiating across the country.

As the co-lead underwriter for the non-public offering of BAIC BluePark New Energy Technology Co., Ltd, FCIB entered the project later, but played an important role in the sales. In the institutional roadshow, capital market department of FCIB helped customers sort out investment highlights, helped arrange and promote efficient communication between listed companies and market institutional investors. After the launch of the offering, under the difficult market environment, FCIB, the issuer and other co-lead underwriters have made joint efforts to successfully complete the sale of the offering. In the competition with many co-lead underwriters, such as China Securties, CICC, HSBC Qianhai, Huachuang Securities, etc., FCIB has made great efforts to keep up with the trend, reflecting its professional execution ability and sales ability, laying a firm foundation for further cooperation in the future.

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