IPO Timeline
Broker Results (T-2)
2020-09-23
Some brokers release in afternoon
Grey Market (T-1)
2020-09-24
Afternoon
HKEX Allotment (T-1)
2020-09-24
Evening
Registrar Allotment (T-1)
2020-09-24
Evening
Listing Day (T)
2020-09-25
First day of trading
Company Overview
| Stock Name | 明源雲集團控股有限公司 |
|---|---|
| Stock Code | 00909 |
| Company Full Name | 明源雲集團控股有限公司 |
| Industry | 軟件服務 |
| Principal Activities | 主要在中國為房地產產業提供軟件解決方案，包括企業資源管理（ERP）解決方案及SaaS（軟件即服務）產品。 |
| Listing Date | 2020-09-25 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國廣東省深圳市南山區粵海街道高新區小區高新南四道18號創維半導體設計大廈東座501-509室 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | http://www.mingyuanyun.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 | To be extracted |
|---|---|
| Offer Price | HK$ 16.50 / shares |
| Offer Price Range | To be extracted |
| Lot Size | To be extracted |
| Entry Threshold | To be extracted |
| Par Value | To be extracted |
| Offer Period | To be extracted |
| Global Offering Shares | To be extracted |
| HK Public Offer Shares (Initial) | To be extracted |
| Public Offer Lots (Initial) | To be extracted |
| International Placing Shares (Initial) | To be extracted |
| Offer Ratio | To be extracted |
| Total Shares Post-IPO | To be extracted |
| Greenshoe (Over-allotment Option) | To be confirmed |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 34.8% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 2,284,524,000 |
Valuation & Financials
| Market Cap (at Offer Price) | To be extracted |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | To be extracted |
| Profit/Loss Status | To be extracted |
| Period-End Cash Balance | To be extracted |
| Listing Expenses | To be extracted |
| Listing Expenses / Funds Raised | To be extracted |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | HK$ 30.7 |
|---|---|
| First Day Open | HK$ 25.8 |
| First Day Change | 86.06% |
| First Day Volume | 313366000.0 |
| First Day Turnover | 8350390000.0 |
Use of Proceeds
| Use of Proceeds | 1、約30%或1,772.0百萬港元將于未來一到五年內用于進一步升級及增強現有SaaS產品的功能及特性，旨在應對更多樣化的業務場景并不斷改善SaaS產品的用戶體驗； 2、約20%或1,181.3百萬港元將于未來一到五年內用于加強尖端技術（例如AIoT、數據分析及虛擬現實）的研發工作； 3、約10%或590.7百萬港元將于未來一到三年內用于進一步升級及增強云端ERP解決方案的功能及特性； 4、約10%或590.7百萬港元將于未來一到三年內用于提高銷售及營銷能力并提升我們在中國房地產市場參與者中的品牌聲譽； 5、約20%或1,181.3百萬港元將用于選擇性地尋求戰略投資及收購，我們認為這將使我們能夠擴展現有的SaaS產品服務、提升技術能力并在選定的市場獲得客戶，以配合我們業務的有機增長及達成讓地產生態鏈更智慧的使命； 6、余下約10%或590.7百萬港元將用作營運資金及一般企業用途。 |
|---|
Underwriting Syndicate
Joint Sponsors (2)
中国国际金融香港证券有限公司 CE AEN894
花旗环球金融亚洲有限公司 CE AAA137
Overall Coordinators (2)
中国国际金融香港证券有限公司 CE AEN894
花旗环球金融亚洲有限公司 CE AAA137
Joint Bookrunners (6)
中国国际金融香港证券有限公司 CE AEN894
花旗环球金融亚洲有限公司 CE AAA137
招商证券（香港）有限公司 CE AAI650
富途证券国际（香港）有限公司 CE AZT137
GF Securities (Hong Kong) Brokerage Limited CE AOB364
海通国际证券有限公司 CE AAF806
Joint Lead Managers (6)
中国国际金融香港证券有限公司 CE AEN894
花旗环球金融亚洲有限公司 CE AAA137
招商证券（香港）有限公司 CE AAI650
富途证券国际（香港）有限公司 CE AZT137
GF Securities (Hong Kong) Brokerage Limited CE AOB364
海通国际证券有限公司 CE AAF806
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | BlackRock Funds | 232,501,500 HKD | — | 3.80% | — | 6 months | 2021-03-25 |
| 2 | Fidelity International | 232,501,500 HKD | — | 3.80% | — | 6 months | 2021-03-25 |
| 3 | GIC Private Limited | 387,502,500 HKD | — | 6.30% | — | 6 months | 2021-03-25 |
| 4 | Hillhouse Funds | 666,501,000 HKD | — | 10.80% | — | 6 months | 2021-03-25 |
| 5 | SCC Growth VI Holdco F, Ltd. | 232,501,500 HKD | — | 3.80% | — | 6 months | 2021-03-25 |
| 6 | 中国国有企业结构调整基金股份有限公司 | 387,502,500 HKD | — | 6.30% | — | 6 months | 2021-03-25 |
Directors & Management
| Chairman | 高宇 |
|---|---|
| Company Secretary | 鄒游,李巧玲 |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | 高宇(20.05%);陳曉暉(15.29%);姜海洋(9.46%);MYC United Power Investment Holdings Limited(5.09%) |
|---|
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