先導智能 00470Prospectus Information

Prospectus Information
返回 Stock Info Prospectus Allotment Results Allotment Profile Expected Lots
IPO Timeline
Broker Deadline
2026-02-06
Morning deadline
HKEX Deadline
2026-02-06
Noon deadline
Broker Results (T-2)
2026-02-09
Some brokers release in afternoon
Grey Market (T-1)
2026-02-10
Afternoon
HKEX Allotment (T-1)
2026-02-10
Evening
Registrar Allotment (T-1)
2026-02-10
Evening
Listing Day (T)
2026-02-11
First day of trading
Cross-Market Price Comparison
Other Listed Market Shenzhen (SZSE) — 先导智能
Other Market Stock Code300450
H-Share Offer PriceHK$ 45.80
Other Market PriceLoading...
Reference Exchange RateLoading...
H-Share Offer Price Premium/Discount vs Other MarketLoading...
Company Overview
Stock Name先導智能
Stock Code00470
Company Full Name先導智能
IndustryIndustrial Goods
Principal Activities我們是智能裝備企業，為眾多新興產業提供智能裝備及解決方案。我們所交付的製造裝備及解決方案廣泛分佈於鋰電池、光伏電池以及電腦、通信及消費電子產品(3C)製造、智能物流、製氫及燃料電池生產、汽車製造及激光精密加工等多元應用領域。
Listing Date2026-02-11
Listing Rules EraNew Rules (after Aug 2025)
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)江蘇省 無錫市新吳區 新錫路20號
Business Address (Hong Kong)灣仔 皇后大道東183號 合和中心46樓
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websiteleadintelligent.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 ListingYes (A股)
Offering Information
Offering Mechanism Mechanism B
Offer PriceHK$ 45.80 / shares
Offer Price RangeFinal offer price only, no range
Lot Size100 shares
Entry ThresholdHK$ 4,580
Par ValueRMB 1.0 / shares
Offer Period2026-02-03 to 2026-02-06
Global Offering Shares107,658,400 shares
HK Public Offer Shares (Initial)9,361,600 shares (8.7%)
Public Offer Lots (Initial)93,616lots (46,808lots, 46,808lots)
International Placing Shares (Initial)84,254,400 shares (91.3%)
Offer Ratio~6.49%
Total Shares Post-IPO1,659,779,034 shares
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)To be extracted
Cornerstone Share43.2%
Clawback Tiers机制B-无回补
Reallocation OptionNo
Total Global Offering SizeHK$ 4,930,754,720
Subscription Tiers

Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.

Pool A
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1 lots 100 HK$ 4,580
2 lots 200 HK$ 9,160
3 lots 300 HK$ 13,740
4 lots 400 HK$ 18,320
5 lots 500 HK$ 22,900
6 lots 600 HK$ 27,480
7 lots 700 HK$ 32,060
8 lots 800 HK$ 36,640
9 lots 900 HK$ 41,220
10 lots 1,000 HK$ 45,800
20 lots 2,000 HK$ 91,600
30 lots 3,000 HK$ 137,400
40 lots 4,000 HK$ 183,200
50 lots 5,000 HK$ 229,000
60 lots 6,000 HK$ 274,800
70 lots 7,000 HK$ 320,600
80 lots 8,000 HK$ 366,400
90 lots 9,000 HK$ 412,200
100 lots 10,000 HK$ 458,000
200 lots 20,000 HK$ 916,000
300 lots 30,000 HK$ 1,374,000
400 lots 40,000 HK$ 1,832,000
500 lots 50,000 HK$ 2,290,000
600 lots 60,000 HK$ 2,748,000
700 lots 70,000 HK$ 3,206,000
800 lots 80,000 HK$ 3,664,000
900 lots 90,000 HK$ 4,122,000
1,000 lots 100,000 HK$ 4,580,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1,500 lots 150,000 HK$ 6,870,000
2,000 lots 200,000 HK$ 9,160,000
2,500 lots 250,000 HK$ 11,450,000
3,000 lots 300,000 HK$ 13,740,000
3,500 lots 350,000 HK$ 16,030,000
4,000 lots 400,000 HK$ 18,320,000
4,500 lots 450,000 HK$ 20,610,000
5,000 lots 500,000 HK$ 22,900,000
10,000 lots 1,000,000 HK$ 45,800,000
15,000 lots 1,500,000 HK$ 68,700,000
20,000 lots 2,000,000 HK$ 91,600,000
25,000 lots 2,500,000 HK$ 114,500,000
30,000 lots 3,000,000 HK$ 137,400,000
40,000 lots 4,000,000 HK$ 183,200,000
46,808 lots 4,680,800 HK$ 214,380,640
Valuation & Financials
Market Cap (at Offer Price)HK$ 76,017,879,757
Pre-IPO Valuation (Last Round)To be extracted
P/E Ratio不適用（公司處於虧損狀態）
Profit/Loss Status盈利約人民幣268.0百萬元
Period-End Cash BalanceTo be extracted
Listing Expenses~HK$ 121,500,000
Listing Expenses / Funds Raised~2.46%
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 45.8
First Day OpenHK$ 46.26
First Day Change14.30%
First Day Volume26371200.0
First Day Turnover1215060000.0
Use of Proceeds
Use of Proceeds1、約40%或約1,666.4百萬港元將用于擴大全球研發、銷售及服務網絡以及選擇性實施戰略舉措，以作為全球化戰略的重要部分； 2、約30%或約1,249.8百萬港元將用于深化平臺化戰略； 3、約10%或約416.6百萬港元將用于產品設計及制造流程、智能裝備技術優化的研發，以提高其性能及運行的穩定性，并降低能源消耗，以協助客戶進一步提升生產效率及產品性能； 4、約10%或約416.6百萬港元，將用于提升數字化基礎設施及改善各業務流程的數字化能力，以提升運營效率； 5、約10%或約416.6百萬港元，將用作營運資金及一般企業用途。
Underwriting Syndicate
Joint Sponsors (2)
中信证券（香港）有限公司 CE AAK249 J.P. Morgan Securities (Far East) Limited CE AAB026
Overall Coordinators (4)
中信里昂证券有限公司 CE AAB893 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 华泰金融控股（香港）有限公司 CE AOK809 中银国际亚洲有限公司 CE AET863
Joint Bookrunners (8)
中信里昂证券有限公司 CE AAB893 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 华泰金融控股（香港）有限公司 CE AOK809 中银国际亚洲有限公司 CE AET863 招银国际融资有限公司 CE AVM940 工银国际证券有限公司 CE ARO299 浦银国际融资有限公司 CE BFZ375 农银国际证券有限公司 CE ACX411
Joint Lead Managers (8)
中信里昂证券有限公司 CE AAB893 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 华泰金融控股（香港）有限公司 CE AOK809 中银国际亚洲有限公司 CE AET863 招银国际融资有限公司 CE AVM940 工银国际证券有限公司 CE ARO299 浦银国际融资有限公司 CE BFZ375 农银国际证券有限公司 CE ACX411
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 Aspex Master Fund 779,548,060 HKD — 15.81% — 6 months 2026-08-11
2 Millennium Capital Management (Singapore) Pte. Ltd. 77,951,600 HKD — 1.58% — 6 months 2026-08-11
3 Morgan Stanley & Co. International plc 155,907,780 HKD — 3.16% — 6 months 2026-08-11
4 MY Asian Opportunities Master Fund, L.P. 233,863,960 HKD — 4.47% — 6 months 2026-08-11
5 Oaktree Funds 233,863,960 HKD — 4.74% — 6 months 2026-08-11
6 Pinpoint Asset Management Limited 155,907,780 HKD — 3.16% — 6 months 2026-08-11
7 Qube Master Fund Ltd 155,907,780 HKD — 3.16% — 6 months 2026-08-11
8 Rome Garden Holding Limited 77,951,600 HKD — 1.58% — 6 months 2026-08-11
9 欧万达基金管理有限公司 155,907,780 HKD — 3.16% — 6 months 2026-08-11
10 无锡金筹投资管理有限公司 116,931,980 HKD — 2.37% — 6 months 2026-08-11
Directors & Management
Chairman王燕清
Company Secretary姚遙
No director data available.
Major Shareholders
Major Shareholders & Holdings王先生直接持有0.56% A股，並通過拉薩欣導（持股21.46%）、無錫煜璽（持股4.43%）及上海卓遨（持股5.88%）間接持有29.97% A股，合計約30.53%股權。倪女士（王先生配偶）被視為於上海卓遨持有的5.88% A股及王先生控制的26.45% A股中擁有權益。
AI AI Analysis
!
The following content is generated by an AI model based on historical IPO data. It does NOT constitute investment advice, solicitation, or recommendation. Past subscription patterns and post-listing performance do not guarantee future results. Data may contain inaccuracies — always verify against official HKEX filings and prospectuses before making any investment decision.

Market Sentiment

The IPO of 先导智能 (00470) saw strong retail demand with an oversubscription ratio of 79.54x, indicating robust market enthusiasm. Despite this, the overall hit rate was a relatively high 49.85%, meaning approximately half of applicants received shares, likely aided by a reallocation of shares to the Hong Kong tranche. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

An interesting tier anomaly is observed: investors applying at the top of Tier A (甲尾) with HKD 100,000 expected only 1 lot, identical to the expected lot for the entry point of Tier B (乙头) at HKD 150,000. This makes the B-head allocation inefficient, as committing 50% more capital yields no additional shares, increasing per-lot broker costs. Potential applicants should note that different brokers may have varying fee structures. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

The provided data shows 0% participation from both Mainland China and Hong Kong, which is unusual and likely indicates incomplete demographic reporting by the registrar rather than actual applicant origins. Without accurate geographic breakdowns, typical patterns of strong Guangdong representation cannot be confirmed for this IPO. Data may contain errors; verify against official HKEX filings. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

AI-generated content. For informational purposes only. Not financial advice. Verify against official sources.
Offering Structure
Subscription Tiers
IPO Timeline
Disclaimer & Risk Warning

Site Nature: This website (cibo.qizai.ai) is an independent technology product showcase platform established by Panda Securities Limited (CE Number: BNC380). This website itself and all content displayed herein do not constitute and are not involved in any regulated activity or licensed service.

Not Investment Advice: The data on this page is automatically extracted from prospectus PDFs by AI and may contain omissions or errors. All information and data on this page are sourced from prospectuses and related historical documents, are not real-time data, and will not be automatically updated, reflecting historical information at the time of prospectus publication. All content is provided solely for AI tool analysis learning exchange and technical reference purposes, and absolutely does not constitute any investment advice, offer to buy or sell, solicitation, recommendation, or guarantee. The output of this AI analysis tool should not be interpreted as investment opinion.

Decision Responsibility: Users should make investment decisions based on their own independent judgment and consult independent licensed financial advisors when needed. Neither the Company nor this AI analysis tool shall bear any responsibility for any investment decisions made by users based on the information on this page.

Separation from Panda Securities Official Website: The content of this website is strictly distinct from the SFC-regulated licensed services provided by Panda Securities' official website (fafa.hk). No securities trading or account opening or other regulated operations can be conducted through this website.

Panda Securities Limited is a licensed corporation regulated by the Hong Kong SFC (CE Number: BNC380) and a Hong Kong Exchange Participant (Participant ID: 02229). Use of this website constitutes acceptance of this disclaimer.

Cibo — IPO & Market Data Analytics