出门问问 02438 Prospectus Information

IPO Timeline

Broker Deadline

2024-04-19

Morning deadline

HKEX Deadline

2024-04-19

Noon deadline

Broker Results (T-2)

2024-04-22

Some brokers release in afternoon

Grey Market (T-1)

2024-04-23

Afternoon

HKEX Allotment (T-1)

2024-04-23

Evening

Registrar Allotment (T-1)

2024-04-23

Evening

Listing Day (T)

2024-04-24

First day of trading

Company Overview

Stock Name	出门问问
Stock Code	02438
Company Full Name	出门问问
Industry	軟件服務
Principal Activities	公司以生成式AI與語音交互技術為核心，提供AIGC解決方案、AI企業解決方案、智能設備及配件。
Listing Date	2024-04-24
Listing Rules Era	Old Rules
Listing Rules Chapter	To be extracted
Weighted Voting Rights (WVR)	No
Registered Address (Mainland China)	中國江蘇省南京市經濟技術開發區紅楓科技園D11座10樓
Business Address (Hong Kong)	To be extracted
Place of Incorporation	To be extracted
Listing Method	To be extracted
Listing Board	Main Board
Website	https://www.chumenwenwen.com/zh
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

Offering Information

Offering Mechanism	To be extracted
Offer Price	HK$ 3.80 / 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)	Yes
Stabilizing Manager (Greenshoe)	To be extracted
Cornerstone Share	29.5%
Clawback Tiers	To be extracted
Reallocation Option	No
Total Global Offering Size	HK$ 160,679,200

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$ 3.68
First Day Open	HK$ 2.98
First Day Change	-3.16%
First Day Volume	61942500.0
First Day Turnover	206154000.0

Use of Proceeds

Use of Proceeds	1、約44.3%或122.0百萬港元將于未來三年用于擴大公司多模態大模型「序列猴子」的規模，持續改進建模技術； 2、約35.7%或98.3百萬港元將于未來三年用于解決方案開發及市場擴張； 3、約10.0%或27.5百萬港元將分配用于尋求戰略合作、投資及收購； 4、約10.0%或27.5百萬港元將用于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 招银国际融资有限公司 CE AVM940

Sponsor cum Overall Coordinator (2)

中国国际金融香港证券有限公司 CE AEN894 招银国际融资有限公司 CE AVM940

Joint Global Coordinators (3)

中国国际金融香港证券有限公司 CE AEN894 招银国际融资有限公司 CE AVM940 申万宏源证券（香港）有限公司 CE AAC927

Joint Bookrunners (13)

中国国际金融香港证券有限公司 CE AEN894 招银国际融资有限公司 CE AVM940 申万宏源证券（香港）有限公司 CE AAC927 海通国际证券有限公司 CE AAF806 中泰国际证券有限公司 CE BAA855 工银国际证券有限公司 CE ARO299 中国银河国际证券（香港）有限公司 CE AXM459 民银证券有限公司 CE APU820 浦银国际融资有限公司 CE BFZ375 交银国际证券有限公司 CE APJ121 富途证券国际（香港）有限公司 CE AZT137 老虎证券（香港）环球有限公司 CE BMU940 利弗莫尔证券有限公司 CE BJN764

Joint Lead Managers (13)

Service Providers

Role	Institution
Legal Advisor to Company	中伦律师事务所有限法律责任合伙中伦律师事务所 Campbells
Legal Advisor to Sponsors/Underwriters	高伟绅律师事务所海问律师事务所
Auditor and Reporting Accountant	毕马威会计师事务所
Industry Advisor	灼识行业咨询有限公司
Receiving Banks	招商永隆银行有限公司

Cornerstone Investors

#	Investor Name	Investment Amount	Shares Subscribed	% of Offer Shares	% of Total Shares	Lock-up Period	Est. Unlock Date
1	南京经开聚智科创投资合伙企业(有限合伙)	32,075,800 HKD	—	9.98%	—	6 months	2024-10-24
2	中关村国际有限公司	62,639,200 HKD	—	19.49%	—	6 months	2024-10-24

Directors & Management

Chairman	李志飛
Company Secretary	李媛媛;曾穎雯

No director data available.

Major Shareholders

Major Shareholders & Holdings	Mobvoi AGI Limited(25.20%);SIG實體(16.07%);Google Ireland Holdings Unlimited Company(12.51%);HSG CV IV Holdco,Ltd.(10.30%);香港歌爾泰克有限公司(9.46%)

AI AI Analysis

Market Sentiment

The IPO of 出门问问 (02438) saw significant oversubscription at 117.39x, indicating strong retail enthusiasm. However, the hit rate of 67.11% is notably high for such demand, suggesting either a large retail allocation or a high proportion of small lot applications. The final offer price was set at HK$3.80, with reallocation triggered likely due to high public demand. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

Tier-specific data is not provided, preventing direct anomaly detection. Given the high overall hit rate, it is plausible that allocations were compressed at the top tiers, but without detailed breakdowns, no concrete inefficiencies can be identified. The absence of broker fee information further limits cost-efficiency comparisons across application sizes. (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 is unavailable, with reported mainland and HK participation rates at 0%. This may indicate incomplete reporting from the registrar, 卓佳, or an absence of regional tracking. No meaningful demographic patterns can be inferred from the provided figures. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

IPO Timeline

出门问问 02438Prospectus Information

Market Sentiment

Tier Analysis

Demographics