廣東康華醫療股份有限公司 GUANGDONG KANGHUA HEALTHCARE CO., LTD.* (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) GLOBAL OFFERING
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Project Nightingale_cover_E25_OP.indd 2 24/10/2016 下午9:28 IMPORTANT If you are in any doubt about any of the contents of this prospectus, you should seek independent professional advice. 廣東康華醫療股份有限公司 GUANGDONG KANGHUA HEALTHCARE CO., LTD.* (A joint stock company incorporated in the People’s Republic of China with limited liability) GLOBAL OFFERING Number of Offer Shares under : 84,000,000 H Shares (subject to the the Global Offering Over-allotment Option) Number of Hong Kong Offer Shares : 8,400,000 H Shares (subject to reallocation) Number of International Offer Shares : 75,600,000 H Shares (subject to reallocation and the Over-allotment Option) Maximum Offer Price : HK$14.50 per Offer Share plus brokerage of 1.0%, SFC transaction levy of 0.0027% and Hong Kong Stock Exchange trading fee of 0.005% (payable in full on application in Hong Kong dollars and subject to refund) Nominal Value : RMB1.00 per H Share Stock Code : 3689 Sole Sponsor and Sole Global Coordinator Joint Bookrunners Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this prospectus, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this prospectus. A copy of this prospectus, having attached thereto the documents specified in “Appendix VII — Documents Delivered to the Registrar of Companies in Hong Kong and Available for Inspection”, has been registered by the Registrar of Companies in Hong Kong as required by Section 342C of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Chapter 32 of the Laws of Hong Kong). The Securities and Futures Commission and the Registrar of Companies in Hong Kong take no responsibility as to the contents of this prospectus or any other documents referred to above. The Offer Price is expected to be determined by agreement between the Sole Global Coordinator (on behalf of the Underwriters) and our Company on the Price Determination Date, which is expected to be on or about Tuesday, 1 November 2016 and, in any event, not later than Friday, 4 November 2016. The Offer Price will not be more than HK$14.50 per Offer Share and is expected to be not less than HK$11.60 per Offer Share, unless otherwise announced. The Sole Global Coordinator (on behalf of the Underwriters) may, where considered appropriate and with the consent of our Company, reduce the number of Offer Shares and/or the indicative Offer Price range stated in this prospectus at any time on or prior to the morning of the last day for lodging applications under the Hong Kong Public Offering. In such a case, we will, as soon as practicable following the decision to make such reduction and in any event not later than the morning of the day which is the last day for lodging applications under the Hong Kong Public Offering, cause there to be published in the South China Morning Post (in English) and the Hong Kong Economic Times (in Chinese) notices of the reduction. For further information, see “Structure of the Global Offering” and “How to Apply for the Hong Kong Offer Shares”. The Offer Shares have not been and will not be registered under the U.S. Securities Act or any state securities law in the United States and may not be offered, sold, pledged or transferred within the United States, except that Offer Shares may be offered, sold or delivered outside the United States in offshore transactions in accordance with Regulation S. Our Company is incorporated, and substantially all of its businesses are located, in the PRC. Potential investors should be aware of the differences in the legal, economic and financial systems between the PRC and Hong Kong and that there are different risk factors relating to investment in PRC-incorporated businesses. Potential investors should also be aware that the regulatory framework in the PRC is different from the regulatory framework in Hong Kong and should take into consideration the different market nature of the shares of our Company. Such differences and risk factors are set out in “Risk Factors”,“Appendix III — Taxation and Foreign Exchange”, “Appendix IV —Summary of Principal Legal and Regulatory Provisions” and “Appendix V — Summary of Articles of Association”. Prior to making an investment decision, prospective investors should consider carefully all of the information set out in this prospectus, including the risk factors set out in “Risk Factors”. The obligations of the Hong Kong Underwriters under the Hong Kong Underwriting Agreement are subject to termination by the Sole Global Coordinator (on behalf of the Underwriters) if certain grounds arise prior to 8:00 a.m. on the Listing Date. Such grounds are set out in “Underwriting”. * For identification purposes only. 27 October 2016 EXPECTED TIMETABLE(1) Hong Kong Public Offering commences and WHITE and YELLOW Application Forms available from .......9:00 a.m. on Thursday, 27 October 2016 Latest time for completing electronic applications under the White Form eIPO service through the designated website at www.eipo.com.hk(2) ....................11:30 a.m. on Tuesday, 1 November 2016 Application lists open(3) ...........................11:45 a.m. on Tuesday, 1 November 2016 Latest time for (a) lodging WHITE and YELLOW Application Forms, (b) completing payment for White Form eIPO applications by effecting Internet banking transfer(s) or PPS payment transfer(s) and (c) giving electronic application instructions to HKSCC(4) .......................12:00 noon on Tuesday, 1 November 2016 Application lists close(3) ..........................12:00 noon on Tuesday, 1 November 2016 Expected Price Determination Date(5) ............................Tuesday, 1 November 2016 (1) Announcement of the Offer Price, the level of indications of interest in the International Offering, the level of applications in the Hong Kong Public Offering and the basis of allocations of the Hong Kong Offer Shares to be published in the South China Morning Post (in English) and the Hong Kong Economic Times (in Chinese) on or before ................................Monday, 7 November 2016 (2) Results of allocations in the Hong Kong Public Offering to be available through a variety of channels as described in “How to Apply for the Hong Kong Offer Shares — Publication of Results” from ..............................Monday, 7 November 2016 (3) Announcement containing (1) and (2) above to be published on the websites of our Company and the Hong Kong Stock Exchange at www.kanghuagp.com(6) and www.hkexnews.hk, respectively, from ....................Monday, 7 November 2016 Despatch of H Share certificates and White Form e-Refund payment instructions/refund cheques on or before(7)(8) ..............Monday, 7 November 2016 Dealings in H Shares on the Hong Kong Stock Exchange expected to commence on ..................................Tuesday, 8 November 2016 Notes: (1) All dates and times refer to Hong Kong dates and times. i EXPECTED TIMETABLE(1) (2) You will not be permitted to submit your application to the White Form eIPO Service Provider through the designated website at www.eipo.com.hk after 11:30 a.m. on the last day for submitting applications. If you have already submitted your application and obtained a payment reference number from the designated website prior to 11:30 a.m., you will be permitted to continue the application process (by completing payment of the application monies) until 12:00 noon on the last day for submitting applications, when the application lists close. (3) If there is a “black” rainstorm warning signal or a tropical cyclone warning signal number 8 or above in force in Hong Kong at any time between 9:00 a.m. and 12:00 noon on Tuesday, 1 November 2016, the application lists will not open and close on that day. Please see “How to Apply for the Hong Kong Offer Shares” for further details. (4) Applicants who apply for Hong Kong Offer Shares by giving electronic application instructions to HKSCC should refer to the section “How to Apply for the Hong Kong Offer Shares — 6. Applying By Giving Electronic Application Instructions to HKSCC via CCASS” in this prospectus. (5) We expect to determine the Offer Price by agreement with the Sole Global Coordinator (on behalf of the Underwriters) on the Price Determination Date. The Price Determination Date is expected to be on or around Tuesday, 1 November 2016, and in any event, not later than Friday, 4 November 2016. If, for any reason, the Offer Price is not agreed among the Sole Global Coordinator (on behalf of the Underwriters) and by us by Friday, 4 November 2016, the Hong Kong Public Offering and the International Offering will not proceed. (6) The website, and all of the information contained on the website, does not form part of this prospectus. (7) H Share certificates for the Hong Kong Offer Shares are expected to be issued on Monday, 7 November 2016 but will only become valid if the Global Offering has become unconditional in all respects at any time prior to 8:00 a.m. on the Listing Date, which is expected to be Tuesday, 8 November 2016. Investors who trade H Shares on the basis of publicly available allocation details or prior to the receipt of the H Share certificates or prior to the H Share certificates becoming valid do so entirely at their own risk. (8) e-Refund payment instructions/refund cheques will be issued in respect of wholly or partially unsuccessful applications and also in respect of successful applications if the Offer Price is less than the price payable on application. Part of the applicant’s Hong Kong identity card number or passport number, or, if the application is made by joint applicants, part of the Hong Kong identity card number or passport number of the first-named applicant, provided by the applicant(s) may be printed on the refund cheque, if any.