经发物业 01354Prospectus Information

Prospectus Information
返回 Stock Info Prospectus Allotment Results Allotment Profile Expected Lots
IPO Timeline
Broker Deadline
2024-06-27
Morning deadline
HKEX Deadline
2024-06-27
Noon deadline
Broker Results (T-2)
2024-06-28
Some brokers release in afternoon
Grey Market (T-1)
2024-07-02
Afternoon
HKEX Allotment (T-1)
2024-07-02
Evening
Registrar Allotment (T-1)
2024-07-02
Evening
Listing Day (T)
2024-07-03
First day of trading
Company Overview
Stock Name经发物业
Stock Code01354
Company Full Name经发物业
Industry物業管理
Principal Activities公司是一家陜西省國有綜合城市服務及物業管理服務提供商，業務遍及中國西北部,在陜西省的城市服務及物業管理行業建立了重要的市場地位并成為知名品牌。
Listing Date2024-07-03
Listing Rules EraOld Rules
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國陜西省西安市經濟技術開發區鳳城二路51號西安金融創新中心3幢1單元10701室
Business Address (Hong Kong)To be extracted
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehttps://www.xajfwy.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 ListingNo
Offering Information
Offering Mechanism To be extracted
Offer PriceHK$ 7.50 / shares
Offer Price RangeHK$ 7.50 - 9.30
Lot SizeTo be extracted
Entry ThresholdTo be extracted
Par ValueTo be extracted
Offer PeriodTo be extracted
Global Offering SharesTo 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 RatioTo be extracted
Total Shares Post-IPOTo be extracted
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)To be extracted
Cornerstone Share43.0%
Clawback TiersTo be extracted
Reallocation OptionNo
Total Global Offering SizeHK$ 22,515,750
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 300 HK$ 2,790
2 lots 600 HK$ 5,580
3 lots 900 HK$ 8,370
4 lots 1,200 HK$ 11,160
5 lots 1,500 HK$ 13,950
6 lots 1,800 HK$ 16,740
7 lots 2,100 HK$ 19,530
8 lots 2,400 HK$ 22,320
9 lots 2,700 HK$ 25,110
10 lots 3,000 HK$ 27,900
15 lots 4,500 HK$ 41,850
20 lots 6,000 HK$ 55,800
25 lots 7,500 HK$ 69,750
30 lots 9,000 HK$ 83,700
35 lots 10,500 HK$ 97,650
40 lots 12,000 HK$ 111,600
45 lots 13,500 HK$ 125,550
50 lots 15,000 HK$ 139,500
100 lots 30,000 HK$ 279,000
150 lots 45,000 HK$ 418,500
200 lots 60,000 HK$ 558,000
250 lots 75,000 HK$ 697,500
300 lots 90,000 HK$ 837,000
350 lots 105,000 HK$ 976,500
400 lots 120,000 HK$ 1,116,000
450 lots 135,000 HK$ 1,255,500
500 lots 150,000 HK$ 1,395,000
600 lots 180,000 HK$ 1,674,000
700 lots 210,000 HK$ 1,953,000
800 lots 240,000 HK$ 2,232,000
900 lots 270,000 HK$ 2,511,000
1,000 lots 300,000 HK$ 2,790,000
1,500 lots 450,000 HK$ 4,185,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
2,000 lots 600,000 HK$ 5,580,000
2,500 lots 750,000 HK$ 6,975,000
2,778 lots 833,400 HK$ 7,750,620
Valuation & Financials
Market Cap (at Offer Price)To be extracted
Pre-IPO Valuation (Last Round)To be extracted
P/E RatioTo be extracted
Profit/Loss StatusTo be extracted
Period-End Cash BalanceTo be extracted
Listing ExpensesTo be extracted
Listing Expenses / Funds RaisedTo be extracted
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 6.64
First Day OpenHK$ 7.65
First Day Change-11.47%
First Day Volume3344700.0
First Day Turnover24751900.0
Use of Proceeds
Use of Proceeds1、53.8%（或約56.5百萬港元）將用于尋求選擇性收購專注于向公共、住宅及商業物業提供城市服務及物業管理服務的其他物業管理公司； 2、20.6%（或約21.7百萬港元）將用于將汽油車替換成新能源汽車，降低城市服務成本； 3、10.5%（或約11.0百萬港元）將用于進一步開發我們的智慧物業管理系統； 4、5.1%（或約5.4百萬港元）將用于從多樣化渠道招聘人才； 5、10.0%（或約10.5百萬港元）將用于一般業務用途及營運資金。
Underwriting Syndicate
Sole Sponsor (1)
光银国际资本有限公司 CE BGH296(sole)
Overall Coordinators (3)
光银国际资本有限公司 CE BGH296 招银国际融资有限公司 CE AVM940 建银国际金融有限公司 CE AJO225
Joint Global Coordinators (3)
光银国际资本有限公司 CE BGH296 招银国际融资有限公司 CE AVM940 建银国际金融有限公司 CE AJO225
Joint Bookrunners (18)
光银国际资本有限公司 CE BGH296 招银国际融资有限公司 CE AVM940 建银国际金融有限公司 CE AJO225 农银国际融资有限公司 CE AWL249 工银国际证券有限公司 CE ARO299 民银证券有限公司 CE APU820 山证国际证券有限公司 CE BEM330 中国光大证券（香港）有限公司 CE AAW536 中泰国际证券有限公司 CE BAA855 中国银河国际证券（香港）有限公司 CE AXM459 信达国际融资有限公司 CE AEE541 老虎证券（香港）环球有限公司 CE BMU940 富途证券国际（香港）有限公司 CE AZT137 利弗莫尔证券有限公司 CE BJN764 雅利多证券有限公司 CE BDH167 百惠证券有限公司 CE BPQ161 圣衡金融控股有限公司 CE BHJ194 瑞邦证券有限公司 CE BIJ312
Joint Lead Managers (18)
光银国际资本有限公司 CE BGH296 招银国际融资有限公司 CE AVM940 建银国际金融有限公司 CE AJO225 农银国际证券有限公司 CE ACX411 工银国际证券有限公司 CE ARO299 民银证券有限公司 CE APU820 山证国际证券有限公司 CE BEM330 中国光大证券（香港）有限公司 CE AAW536 中泰国际证券有限公司 CE BAA855 中国银河国际证券（香港）有限公司 CE AXM459 信达国际融资有限公司 CE AEE541 老虎证券（香港）环球有限公司 CE BMU940 富途证券国际（香港）有限公司 CE AZT137 利弗莫尔证券有限公司 CE BJN764 雅利多证券有限公司 CE BDH167 百惠证券有限公司 CE BPQ161 圣衡金融控股有限公司 CE BHJ194 瑞邦证券有限公司 CE BIJ312
Service Providers
RoleInstitution
Legal Advisor to Company 盛德律师事务所
北京国枫律师事务所
Legal Advisor to Sponsors/Underwriters 周俊轩律师事务所
北京市通商律师事务所
Auditor and Reporting Accountant 毕马威会计师事务所
Receiving Banks 招商永隆银行有限公司
中国工商银行（亚洲）有限公司
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 The Reynold Lemkins Group (Asia) Limited 9,900,000 HKD — 7.92% — 6 months 2025-01-03
2 西安盯准教育科技有限公司 10,977,750 HKD — 8.78% — 6 months 2025-01-03
3 西安天博诊断技术有限公司 32,933,250 HKD — 26.35% — 6 months 2025-01-03
Directors & Management
Chairman吳鎖正
Company Secretary李修遠;梁瑞冰
No director data available.
Major Shareholders
Major Shareholders & Holdings西安經發集團有限責任公司(67.5%);西安經發控股(集團)有限責任公司(7.5%)
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 was heavily oversubscribed by 118.87 times, reflecting intense market enthusiasm. The hit rate of 29.08% is relatively high for such demand, indicating that small lot applicants had a reasonable chance of allocation. The final offer price of HK$7.50 likely fell within a favorable range, contributing to the strong retail participation. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

The 甲尾 (last A-tier) application of HK$600,000 yielded just 1 lot expected, identical to the 乙头 (first B-tier) at HK$750,000, highlighting an inefficient tier boundary. This anomaly suggests that the incremental capital for B-head did not improve allocation, though broker financing costs would have been higher. Investors pushing to the top of A-tier may have achieved similar results with lower cost. (This is AI-generated commentary based on historical data. Broker fee structures vary and actual costs may differ. Not financial advice.)

Demographics

No demographic data is available in the provided dataset, so analysis of mainland China participation, regional concentration, or gender/age distribution cannot be performed. The absence of this data limits insights into the applicant population structure for this IPO. (This is AI-generated commentary based on historical data. Data may contain errors or omissions from source documents — verify against official HKEX filings. Not financial advice.)

AI-generated content. For informational purposes only. Not financial advice. Verify against official sources.
Subscription Tiers
IPO Timeline
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