文远知行－Ｗ 00800Prospectus Information

Prospectus Information
返回 Stock Info Prospectus Allotment Results Allotment Profile Expected Lots
IPO Timeline
Broker Deadline
2025-11-03
Morning deadline
HKEX Deadline
2025-11-03
Noon deadline
Broker Results (T-2)
2025-11-04
Some brokers release in afternoon
Grey Market (T-1)
2025-11-05
Afternoon
HKEX Allotment (T-1)
2025-11-05
Evening
Registrar Allotment (T-1)
2025-11-05
Evening
Listing Day (T)
2025-11-06
First day of trading
Cross-Market Price Comparison
Other Listed Market To be extracted
Other Market Stock Code To be extracted
H-Share Offer PriceHK$ 35.00
Other Market PriceLoading...
Reference Exchange RateLoading...
H-Share Offer Price Premium/Discount vs Other MarketLoading...
Company Overview
Stock Name文远知行－Ｗ
Stock Code00800
Company Full Name文远知行－Ｗ
IndustryInformation Technology
Principal Activities文遠知行是L4級自動駕駛領域的全球先行者，部署的自動駕駛產品及解決方案覆蓋中國、阿聯酋、沙特阿拉伯、瑞士、法國、新加坡及日本等11個國家的30多個城市，提供自動駕駛出租車、自動駕駛小巴、自動駕駛貨運車、無人駕駛環衛車等產品及相關運營和技術支持服務。
Listing Date2025-11-06
Listing Rules EraNew Rules (after Aug 2025)
Listing Rules Chapter18C特专科技
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國 廣東省 廣州市 廣州國際生物島 螺旋大道51號 官洲生命科學創新中心 A塔21樓
Business Address (Hong Kong)香港 灣仔 皇后大道東248號 大新金融中心40樓
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websiteweride.ai
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 (NASDAQ)
Offering Information
Offering Mechanism 18C特专科技
Offer PriceHK$ 35.00 / shares
Offer Price RangeFinal offer price only, no range
Lot Size100 shares
Entry ThresholdHK$ 3,500
Par ValueRMB 1e-05 / shares
Offer Period2025-10-28 to 2025-11-03
Global Offering Shares88,250,000 shares
HK Public Offer Shares (Initial)4,412,500 shares (5.0%)
Public Offer Lots (Initial)44,125lots (22,062lots, 22,063lots)
International Placing Shares (Initial)83,837,500 shares (95.0%)
Offer Ratio~8.6%
Total Shares Post-IPO1,026,616,330 shares
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)To be extracted
Cornerstone Share0%
Clawback Tiers回拨B档
Reallocation OptionNo
Total Global Offering SizeHK$ 3,088,750,000
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$ 3,500
2 lots 200 HK$ 7,000
3 lots 300 HK$ 10,500
4 lots 400 HK$ 14,000
5 lots 500 HK$ 17,500
6 lots 600 HK$ 21,000
7 lots 700 HK$ 24,500
8 lots 800 HK$ 28,000
9 lots 900 HK$ 31,500
10 lots 1,000 HK$ 35,000
15 lots 1,500 HK$ 52,500
20 lots 2,000 HK$ 70,000
25 lots 2,500 HK$ 87,500
30 lots 3,000 HK$ 105,000
35 lots 3,500 HK$ 122,500
40 lots 4,000 HK$ 140,000
45 lots 4,500 HK$ 157,500
50 lots 5,000 HK$ 175,000
60 lots 6,000 HK$ 210,000
70 lots 7,000 HK$ 245,000
80 lots 8,000 HK$ 280,000
90 lots 9,000 HK$ 315,000
100 lots 10,000 HK$ 350,000
200 lots 20,000 HK$ 700,000
300 lots 30,000 HK$ 1,050,000
400 lots 40,000 HK$ 1,400,000
500 lots 50,000 HK$ 1,750,000
600 lots 60,000 HK$ 2,100,000
700 lots 70,000 HK$ 2,450,000
800 lots 80,000 HK$ 2,800,000
900 lots 90,000 HK$ 3,150,000
1,000 lots 100,000 HK$ 3,500,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
2,000 lots 200,000 HK$ 7,000,000
3,000 lots 300,000 HK$ 10,500,000
4,000 lots 400,000 HK$ 14,000,000
5,000 lots 500,000 HK$ 17,500,000
10,000 lots 1,000,000 HK$ 35,000,000
15,000 lots 1,500,000 HK$ 52,500,000
20,000 lots 2,000,000 HK$ 70,000,000
22,062 lots 2,206,200 HK$ 77,217,000
Valuation & Financials
Market Cap (at Offer Price)HK$ 35,931,571,550
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截至2024年12月31日止年度虧損人民幣2,516.8百萬元
Period-End Cash BalanceTo be extracted
Listing Expenses~HK$ 172,900,000
Listing Expenses / Funds Raised~5.6%
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 24.4
First Day OpenHK$ 24.98
First Day Change-9.96%
First Day Volume16900900.0
First Day Turnover403185000.0
Use of Proceeds
Use of Proceeds1、約40.0%的所得款項凈額（或1,172.8百萬港元）將用于開發我們的自動駕駛技術棧； 2、約40.0%的所得款項凈額（或1,172.8百萬港元）將用于加快我們L4級車隊的商業化量產及/或運營； 3、約10.0%的所得款項凈額（或293.2百萬港元）將用于建立必要的營銷團隊和分支機構； 4、約10.0%的所得款項凈額（或293.3百萬港元）將用作營運資金和一般企業用 途。
Underwriting Syndicate
Joint Sponsors (2)
中国国际金融香港证券有限公司 CE AEN894 摩根士丹利亚洲有限公司 CE AAD291
Overall Coordinators (3)
中国国际金融香港证券有限公司 CE AEN894 摩根士丹利亚洲有限公司 CE AAD291 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321
Joint Bookrunners (8)
中国国际金融香港证券有限公司 CE AEN894 摩根士丹利亚洲有限公司 CE AAD291 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 中银国际亚洲有限公司 CE AET863 富途证券国际（香港）有限公司 CE AZT137 大和资本市场香港有限公司 CE AAB639 农银国际融资有限公司 CE AWL249 工银国际证券有限公司 CE ARO299
Joint Lead Managers (8)
中国国际金融香港证券有限公司 CE AEN894 摩根士丹利亚洲有限公司 CE AAD291 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 中银国际亚洲有限公司 CE AET863 富途证券国际（香港）有限公司 CE AZT137 大和资本市场香港有限公司 CE AAB639 农银国际证券有限公司 CE ACX411 工银国际证券有限公司 CE ARO299
Cornerstone Investors
This stock has no cornerstone investors.
Directors & Management
Chairman韓旭
Company Secretary王亮
No director data available.
Major Shareholders
Major Shareholders & Holdings緊隨全球發售完成後，韓博士及李博士將通過其持股公司實益擁有及控制合共27,129,666股A類普通股及54,814,423股B類普通股，約佔本公司已發行股本總額的7.98%。其他主要股東包括鄭州旭豐（持有A類普通股2.66%）、Alliance Ventures（持有A類普通股6.55%）、Qiming Venture Partners V, L.P.（持有A類普通股4.92%）等。
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 文远知行 attracted intense retail interest, with the public offer oversubscribed 73.44 times and a 30.19% hit rate, signaling fierce competition for shares. The strong demand reflects market enthusiasm for AI and 18C specialist technology listings, though the allocation rate implies many applicants received only partial lots or none. Final pricing at HK$35.0 suggests the deal was well received, but without a price range comparison, the sentiment remains broadly positive based on oversubscription. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

A notable tier inefficiency emerges: 甲尾 applicants (100,000 shares) received just 0.3093 expected lots, while 乙头 (200,000 shares) received only 0.436 expected lots, meaning the incremental benefit of moving to the B-tier was minimal relative to the doubled capital commitment. The compressed allocation, driven by high oversubscription and clawback mechanics, renders the B-head strategy cost-ineffective for most investors once broker fees are considered. Brokers with zero-commission structures may mitigate this, but the marginal gain does not justify the extra margin funding for many. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Demographic data for this IPO, including mainland participation rate and holder breakdown, was not disclosed or remains unavailable in the provided dataset, making it impossible to identify regional or gender trends. Typically, a zero reading indicates unreported information, so no conclusions can be drawn about applicant concentrations. Investors should refer to official HKEX filings or the company's listing documents for complete demographics if they become available later. (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
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