海清智元 01392 Prospectus Information

IPO Timeline

Broker Deadline

2026-06-16

Morning deadline

HKEX Deadline

2026-06-16

Noon deadline

Broker Results (T-2)

2026-06-17

Some brokers release in afternoon

Grey Market (T-1)

2026-06-18

Afternoon

HKEX Allotment (T-1)

2026-06-18

Evening

Registrar Allotment (T-1)

2026-06-18

Evening

Listing Day (T)

2026-06-22

First day of trading

Company Overview

Stock Name	海清智元
Stock Code	01392
Company Full Name	海清智元
Industry	Information Technology
Principal Activities	我們是中國多光譜AI技術企業，提供多光譜AI模組、多光譜AI感知終端及多光譜AI大模型服務，應用於泛安全與智能感知領域，為客戶提供更高維度的感知與安全監測。
Listing Date	2026-06-22
Listing Rules Era
Listing Rules Chapter	To be extracted
Weighted Voting Rights (WVR)	No
Registered Address (Mainland China)	中國深圳市寶安區西鄉街道固戍開發區泰華梧桐工業園8號建築3層
Business Address (Hong Kong)	香港中環都爹利街11號律敦治中心 — 律敦治大廈18樓1802室
Place of Incorporation	中国
Listing Method	全球发售
Listing Board	Main Board
Website	hqvt.com
Share Registrar	卓佳证券登记有限公司 (Tricor Investor Services Limited)
Registrar Contact	卓佳证券登记有限公司，香港金钟道89号力宝中心1座31楼3101-3103室
A-Share/US Dual Listing	No

Offering Information

Offering Mechanism	Mechanism B
Offer Price	HK$ 7.20 / shares
Offer Price Range	Final offer price only, no range
Lot Size	500 shares
Entry Threshold	HK$ 3,600
Par Value	RMB 0.0125 / shares
Offer Period	2026-06-11 to 2026-06-16
Global Offering Shares	85,162,500 shares
HK Public Offer Shares (Initial)	8,516,500 shares (10.0%)
Public Offer Lots (Initial)	17,033lots (8,516lots, 8,517lots)
International Placing Shares (Initial)	76,646,000 shares (90.0%)
Offer Ratio	~10.0%
Total Shares Post-IPO	774,208,420 shares
Greenshoe (Over-allotment Option)	No
Stabilizing Manager (Greenshoe)	—
Cornerstone Share	0%
Clawback Tiers	机制B：无回补机制
Reallocation Option	Yes
Total Global Offering Size	HK$ 613,170,000

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 Subscribed	Shares Subscribed	Subscription Amount (HKD)
1 lots	500	HK$ 3,600
2 lots	1,000	HK$ 7,200
3 lots	1,500	HK$ 10,800
4 lots	2,000	HK$ 14,400
5 lots	2,500	HK$ 18,000
6 lots	3,000	HK$ 21,600
7 lots	3,500	HK$ 25,200
8 lots	4,000	HK$ 28,800
9 lots	4,500	HK$ 32,400
10 lots	5,000	HK$ 36,000
12 lots	6,000	HK$ 43,200
14 lots	7,000	HK$ 50,400
16 lots	8,000	HK$ 57,600
18 lots	9,000	HK$ 64,800
20 lots	10,000	HK$ 72,000
30 lots	15,000	HK$ 108,000
40 lots	20,000	HK$ 144,000
50 lots	25,000	HK$ 180,000
60 lots	30,000	HK$ 216,000
70 lots	35,000	HK$ 252,000
80 lots	40,000	HK$ 288,000
90 lots	45,000	HK$ 324,000
100 lots	50,000	HK$ 360,000
120 lots	60,000	HK$ 432,000
140 lots	70,000	HK$ 504,000
160 lots	80,000	HK$ 576,000
180 lots	90,000	HK$ 648,000
200 lots	100,000	HK$ 720,000
400 lots	200,000	HK$ 1,440,000
600 lots	300,000	HK$ 2,160,000
800 lots	400,000	HK$ 2,880,000
1,000 lots	500,000	HK$ 3,600,000
1,200 lots	600,000	HK$ 4,320,000

Pool B

Lots Subscribed	Shares Subscribed	Subscription Amount (HKD)
1,400 lots	700,000	HK$ 5,040,000
1,600 lots	800,000	HK$ 5,760,000
1,800 lots	900,000	HK$ 6,480,000
2,000 lots	1,000,000	HK$ 7,200,000
4,000 lots	2,000,000	HK$ 14,400,000
6,000 lots	3,000,000	HK$ 21,600,000
8,516 lots	4,258,000	HK$ 30,657,600

Valuation & Financials

Market Cap (at Offer Price)	HK$ 5,574,300,624
Pre-IPO Valuation (Last Round)	To be extracted
P/E Ratio	To be extracted
Profit/Loss Status	盈利约人民币29.4百万元
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	Loading...

Use of Proceeds

Use of Proceeds	約50.0%用於提升研發能力，約25.0%用於擴大產能，約15.0%用於全球市場滲透，約10.0%用於一般營運資金及企業用途。

Underwriting Syndicate

Joint Sponsors (2)

民银资本有限公司 CE BIY679 浦银国际融资有限公司 CE BFZ375

Sponsor cum Overall Coordinator (2)

民银证券有限公司 CE APU820 浦银国际融资有限公司 CE BFZ375

Overall Coordinators (3)

民银证券有限公司 CE APU820 浦银国际融资有限公司 CE BFZ375 利弗莫尔证券有限公司 CE BJN764

Joint Global Coordinators (3)

民银证券有限公司 CE APU820 浦银国际融资有限公司 CE BFZ375 利弗莫尔证券有限公司 CE BJN764

Joint Bookrunners (15)

民银证券有限公司 CE APU820 浦银国际融资有限公司 CE BFZ375 利弗莫尔证券有限公司 CE BJN764 建银国际金融有限公司 CE AJO225 光银国际资本有限公司 CE BGH296 中湾国际证券有限公司 CE BTW258 招银国际融资有限公司 CE AVM940 DL SECURITIES (HK) LIMITED CE AZN279 华福国际证券有限公司 CE BQC241 天泽证券有限公司新百利融资有限公司 CE BAU754 元宇宙（国际）证券有限公司 CE BIL855 云锋证券有限公司 CE AYT670 浙商国际金融控股有限公司 CE BGD825 中泰国际证券有限公司 CE BAA855

Joint Lead Managers (15)

Capital Market Intermediaries (15)

Service Providers

Role	Institution
Legal Advisor to Company	锦天城（香港）律师事务所有限法律责任合伙史蒂文生黄律师事务所上海市锦天城（深圳）律师事务所上海市锦天城律师事务所北京德恒律师事务所
Legal Advisor to Sponsors/Underwriters	乐博律师事务所有限法律责任合伙北京市嘉源（深圳）律师事务所
Auditor and Reporting Accountant	天健国际会计师事务所有限公司
Industry Advisor	弗若斯特沙利文（北京）咨询有限公司上海分公司
Compliance Advisor	中湾国际融资有限公司
Receiving Banks	交通银行（香港）有限公司
H Share Registrar	卓佳证券登记有限公司

Cornerstone Investors

This stock has no cornerstone investors.

Directors & Management

Chairman	周波
Company Secretary	柴劍

執行董事 (5)

#	Name	English Name	Type
1	周波	—	執行董事
2	苗瑞	—	執行董事
3	柴剑	—	執行董事
4	邹小刚	—	執行董事
5	陈永刚	—	執行董事

非執行董事 (1)

#	Name	English Name	Type
1	喻立杰	—	非執行董事

獨立非執行董事 (3)

#	Name	English Name	Type
1	陈海平	—	獨立非執行董事
2	钟陆欢	—	獨立非執行董事
3	何嘉倩	—	獨立非執行董事

Major Shareholders

Major Shareholders & Holdings	控股股東周波先生透過直接及間接持股合共約43.50%權益，浙商創投系持有約13.22%權益。

Offering Structure

Subscription Tiers

IPO Timeline

海清智元 01392Prospectus Information