CICC Assists FII in Listing on A-Share Main Board as Sole Sponsor and Sole Lead Underwriter

The first-of-its-kind industrial internet company, Foxconn Industrial Internet Co., Ltd. (“FII” or the “Company”, stock code: 6011138.SH) successfully listed its A share stocks on the Shanghai Stock Exchange on June 8, 2018. FII issued approximately 197 million new shares at RMB 13.77 per share to raise proceeds of RMB 27.12 billion. As a truly exceptional milestone, it represents the global 2nd largest IPO in electronics manufacturing, China’s largest A-share IPO by industrial manufacturing enterprises, China’s 2nd largest A-share IPO by foreign-invested enterprises, China’s 2nd largest A-share IPO by non-state-owned enterprises. CICC acted as Sole Sponsor and Sole Lead Underwriter in this transaction.

FII is a global leading service provider in professional design and manufacturing of communication & network equipment, cloud service equipment, precision tools and industrial robotics and automation solutions, providing clients with intelligent industrial internet platform-based manufacturing services for electronic equipment products in new forms. The Company is committed to offering to enterprises comprehensive solutions for technological services based on automation, networking, platform, and big data, leading the transformation from traditional manufacturing to intelligent manufacturing. As of Dec., 31, 2017, the Company recorded operating revenue of RMB 354.544Bn and net profits attributable to shareholders of the parent company of RMB 15.868Bn. With the A-share IPO, FII completed the key step in its strategic transformation to usher in a new era of industrial internet and bring vigor into China’s advanced manufacturing sector as well as the capital market.

As Sole Sponsor and Sole Lead Underwriter, CICC, with its extensive experience in restructuring and reform of large enterprise groups, efficient communication with the regulatory authorities, and in-depth understanding of the A-share review policy, has designed for FII an innovative restructuring plan in accordance with both the criteria for A-share listing and Taiwan's regulatory policies. Providing full service and support, CICC has accompanied FII to complete the shareholding reform, domestic and overseas business reorganization, tutorship filing and acceptance, audit evaluation, submission of filing materials, reply to regulatory comments, the firs-round of CSRC review, the Public Offering Committee process, receipt of approval, road show, inquiry and the final listing and witnessed the Company’s rapid growth. By focusing on the overall execution progress, working closely with the Company, and communicating with regulators in each round, CICC strictly followed the initial proposed timetable to promote the efficient execution and was highly recognized by the client with its efficiency, professionalism and team collaboration. The A-Share IPO of FII, as a benchmark event of milestone significance for the A-share listing of Taiwan-funded enterprises, will provide a direct bridge for the exchanges of the both capital markets.

Facilitating FII to be listed on the capital market reflects CICC’s rich experience in serving Industrial Internet, Advanced Manufacturing Enterprises, TMT, further solidified CICC’s leading position as a full-service investment bank in domestic and overseas capital markets. As a leading investment bank with China roots and international reach, CICC has been committed to providing clients with high-quality financial value-added services. On the basis of its unparalleled capital market experience and close interaction of domestic and overseas business, CICC will continuously contribute to the “Made in China 2015” plan and the capitalization development of Chinese enterprises.