// Company Overview //
| Stock Name | 乐华娱乐 |
|---|---|
| Stock Code | 02306 |
| Company Full Name | 乐华娱乐 |
| Industry | 影視傳媒 |
| Principal Activities | 公司為中國知名的藝人管理公司，目前已經打造成為包括藝人管理、音樂IP制作及運營及泛娛樂業務三大互補業務在內的文化娛樂平臺。 |
| Listing Date | 2023-01-19 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | No data |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國北京市朝陽區創遠路28號院1號樓6層6006室 |
| Business Address (Hong Kong) | No data |
| Place of Incorporation | No data |
| Listing Method | No data |
| Listing Board | Main Board |
| Website | http://www.yuehuamusic.com/ |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | (852)2862 8628 |
| A-Share/US Dual Listing | No data |
// Offering Information //
| Offering Mechanism | 未知 |
|---|---|
| Clawback Tiers | No data |
| Prospectus Date | 2022-12-30 |
| Offer Price | HK$ 4.08 / shares |
| Offer Price Range | Final offer price only, no range |
| Lot Size | 3,000 shares |
| Entry Threshold | HK$ 12,240 |
| Par Value | No data |
| Global Offering Shares | 12,006,000 |
| HK Public Offering Shares | — (0.0%) |
| International Placing Shares | — (0.0%) |
| Offer Ratio | No data |
| Total Shares Post-IPO | No data |
| Total Global Offering Size | HK$ 48,984,480 |
| Public Offering Size | HK$ — (0.0%) |
| Oversubscription Multiple | —x |
| Valid Applications | — |
| Accepted Applications | — |
| Reallocation | No |
| Total Funds Raised | HK$ 146,953,440 |
| Greenshoe (Over-allotment Option) | No data |
// Valuation & Financials //
| Market Cap (at Offer Price) | HK$ 0 |
|---|---|
| Pre-IPO Valuation (Last Round) | No data |
| P/E Ratio | 8.61 |
| Profit/Loss Status | No data |
| Period-End Cash Balance | No data |
| Listing Expenses | ~HK$ 76,800,000 |
| Listing Expenses / Funds Raised | No data |
| Total Pre-IPO Investment | No data |
// First Day Performance
| First Day Close | Loading... |
|---|---|
| First Day Open | HK$ 5.60 |
| First Day Change | -51.72% |
// Price Chart //
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// Use of Proceeds
| Use of Proceeds | 1、約60.0%或234.7百萬港元將用于持續投資藝人運營； 2、約15.0%或58.7百萬港元將用于擴大我們的音樂IP庫； 3、約15.0%或58.7百萬港元將用于擴展我們的泛娛樂業務； 4、約5.0%或19.6百萬港元將用于推廣藝人在其他國家的演出； 5、約5.0%或19.6百萬港元將用作營運資金及一般公司用途，以支持業務經營及增長。 |
|---|
// Underwriting Syndicate //
联席保荐人 (2)
中信建投（国际）融资有限公司
招商证券（香港）有限公司
整体协调人 (2)
中信建投（国际）融资有限公司
招商证券（香港）有限公司
联席账簿管理人 (11)
中信建投（国际）融资有限公司
招商证券（香港）有限公司
华盛资本证券有限公司
中国光大证券（香港）有限公司
山高国际证券有限公司
国信证券(香港)融资有限公司
盈立证券有限公司
老虎证券（香港）环球有限公司
富途证券国际（香港）有限公司
国泰君安证券（香港）有限公司
利弗莫尔证券有限公司
联席牵头经办人 (13)
中信建投（国际）融资有限公司
招商证券（香港）有限公司
华盛资本证券有限公司
中国光大证券（香港）有限公司
山高国际证券有限公司
国信证券(香港)融资有限公司
盈立证券有限公司
老虎证券（香港）环球有限公司
富途证券国际（香港）有限公司
国泰君安证券（香港）有限公司
利弗莫尔证券有限公司
浙商国际金融控股有限公司
易升证券有限公司
// Cornerstone Investors //
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | Sun Mass Energy Development Limited | 61,457,040 HKD | — | 12.55% | — | 6 months | 2023-07-19 |
| 2 | 丁世家 | 38,898,720 HKD | — | 7.94% | — | 6 months | 2023-07-19 |
| 3 | 好赞资产管理有限公司 | 15,557,040 HKD | — | 3.18% | — | 6 months | 2023-07-19 |
| 4 | 猫眼娱乐(香港)有限公司 | 38,898,720 HKD | — | 7.94% | — | 6 months | 2023-07-19 |
// Directors & Management //
| Chairman | 杜華 |
|---|---|
| Company Secretary | 張文勝,歐啟賢 |
No director data available.
// Major Shareholders //
| Major Shareholders & Holdings | DING GUOHUA LIMITED(43.26%);CMC Sports Investment Limited(12.28%);Interform Construction Supplies Limited(12.28%) |
|---|
// Allotment Benchmarks //
Pool A (Small Subscriptions)
| Shares Applied | Applicants | Allottees | Expected Lots |
|---|---|---|---|
| 3,000 | 4,576 | 4,576 | 0.50 |
| 6,000 | 482 | 482 | 0.56 |
| 9,000 | 1,930 | 1,930 | 0.57 |
| 12,000 | 156 | 156 | 0.64 |
| 15,000 | 285 | 285 | 0.65 |
| 18,000 | 232 | 232 | 0.67 |
| 21,000 | 132 | 132 | 0.70 |
| 24,000 | 79 | 79 | 0.73 |
| 27,000 | 73 | 73 | 0.77 |
| 30,000 | 617 | 617 | 0.81 |
| 45,000 | 198 | 198 | 0.84 |
| 60,000 | 187 | 187 | 0.87 |
| 75,000 | 73 | 73 | 0.91 |
| 90,000 | 89 | 89 | 0.94 |
| 105,000 | 44 | 44 | 0.98 |
| 120,000 | 54 | 54 | 1.00 |
| 135,000 | 18 | 18 | 1.06 |
| 150,000 | 54 | 54 | 1.09 |
| 180,000 | 58 | 58 | 1.26 |
| 210,000 | 42 | 42 | 1.45 |
| 240,000 | 19 | 19 | 1.63 |
| 270,000 | 16 | 16 | 1.81 |
| 300,000 | 32 | 32 | 2.00 |
| 330,000 | 10 | 10 | 2.10 |
| 360,000 | 5 | 5 | 2.20 |
| 390,000 | 9 | 9 | 2.33 |
| 420,000 | 15 | 15 | 2.39 |
| 450,000 | 22 | 22 | 2.55 |
| 540,000 | 13 | 13 | 3.01 |
| 630,000 | 11 | 11 | 3.09 |
| 720,000 | 4 | 4 | 3.50 |
| 810,000 | 3 | 3 | 3.67 |
| 900,000 | 11 | 11 | 3.99 |
| 1,050,000 | 51 | 51 | 66.01 |
| 1,200,000 | 14 | 14 | 72.00 |
Pool B (Large Subscriptions)
| Shares Applied | Applicants | Allottees | Expected Lots |
|---|---|---|---|
| 1,500,000 | 3 | 3 | 73.00 |
| 1,800,000 | 1 | 1 | 73.98 |
| 2,100,000 | 1 | 1 | 76.02 |
| 2,700,000 | 1 | 1 | 91.98 |
| 3,000,000 | 3 | 3 | 96.00 |
| 4,500,000 | 3 | 3 | 120.00 |
| 6,003,000 | 4 | 4 | 130.06 |
Allotment Benchmarks
