| Stock Name | 天聚地合 |
|---|---|
| Stock Code | 02479 |
| Company Full Name | 天聚地合 |
| Industry | 軟件服務 |
| Principal Activities | 公司是中國綜合性API數據流通服務商，致力于為客戶提供標準的API服務和定制化的數據治理解決方案，專注于用數據技術賦能數字經濟。 |
| Listing Date | 2024-06-28 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國江蘇省蘇州市蘇州工業園區融富街9號16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.juhe.cn/ |
| 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 Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 83.33 / shares |
| Offer Price Range | Final offer price only, no range |
| 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) | No |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 79.6% |
| Clawback Tiers | To be extracted |
| Reallocation Option | No |
| Total Global Offering Size | HK$ 73,905,377 |
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 50 | HK$ 4,166 |
| 2 lots | 100 | HK$ 8,333 |
| 3 lots | 150 | HK$ 12,500 |
| 4 lots | 200 | HK$ 16,666 |
| 5 lots | 250 | HK$ 20,832 |
| 6 lots | 300 | HK$ 24,999 |
| 7 lots | 350 | HK$ 29,166 |
| 8 lots | 400 | HK$ 33,332 |
| 9 lots | 450 | HK$ 37,498 |
| 10 lots | 500 | HK$ 41,665 |
| 12 lots | 600 | HK$ 49,998 |
| 14 lots | 700 | HK$ 58,331 |
| 16 lots | 800 | HK$ 66,664 |
| 18 lots | 900 | HK$ 74,997 |
| 20 lots | 1,000 | HK$ 83,330 |
| 30 lots | 1,500 | HK$ 124,995 |
| 40 lots | 2,000 | HK$ 166,660 |
| 50 lots | 2,500 | HK$ 208,325 |
| 60 lots | 3,000 | HK$ 249,990 |
| 70 lots | 3,500 | HK$ 291,655 |
| 80 lots | 4,000 | HK$ 333,320 |
| 90 lots | 4,500 | HK$ 374,985 |
| 100 lots | 5,000 | HK$ 416,650 |
| 120 lots | 6,000 | HK$ 499,980 |
| 140 lots | 7,000 | HK$ 583,310 |
| 160 lots | 8,000 | HK$ 666,640 |
| 180 lots | 9,000 | HK$ 749,970 |
| 200 lots | 10,000 | HK$ 833,300 |
| 400 lots | 20,000 | HK$ 1,666,600 |
| 600 lots | 30,000 | HK$ 2,499,900 |
| 800 lots | 40,000 | HK$ 3,333,200 |
| 1,000 lots | 50,000 | HK$ 4,166,500 |
| 1,200 lots | 60,000 | HK$ 4,999,800 |
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1,400 lots | 70,000 | HK$ 5,833,100 |
| 1,600 lots | 80,000 | HK$ 6,666,400 |
| 1,800 lots | 90,000 | HK$ 7,499,700 |
| 2,000 lots | 100,000 | HK$ 8,333,000 |
| 3,000 lots | 150,000 | HK$ 12,499,500 |
| 4,000 lots | 200,000 | HK$ 16,666,000 |
| 4,818 lots | 240,900 | HK$ 20,074,197 |
| 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 Close | HK$ 60.15 |
|---|---|
| First Day Open | HK$ 113.0 |
| First Day Change | -27.82% |
| First Day Volume | 1620450.0 |
| First Day Turnover | 162918000.0 |
| Use of Proceeds | 1、約86.0百萬港元（或約25%）將用于全面升級公司的API市場中已有的API產品組合； 2、約154.8百萬港元（或約45%）將用于公司數據管理解決方案已有產品及服務的升級； 3、約68.8百萬港元（或約20%）將用于數據安全及隱私保護技術的研發； 4、約34.4百萬港元（或約10%）將用作營運資金及一般企業用途。 |
|---|
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | Gold Wings Holdings Limited | 29,998,800 HKD | — | 7.47% | — | 6 months | 2024-12-28 |
| 2 | The Reynold Lemkins Group (Asia) Limited | 117,178,646 HKD | — | 29.19% | — | 6 months | 2024-12-28 |
| 3 | 徐州经济技术开发区(香港)投资有限公司 | 78,117,708 HKD | — | 19.46% | — | 6 months | 2024-12-28 |
| 4 | 园丰国际有限公司 | 94,354,559 HKD | — | 23.50% | — | 6 months | 2024-12-28 |
| Chairman | 左磊 |
|---|---|
| Company Secretary | 楊彥君;程淑華 |
| Major Shareholders & Holdings | 左磊(39.40%);京東科技控股股份有限公司(14.89%);邱堅強(8.06%);蘇州一聚六合投資咨詢企業(有限合伙)(7.01%) |
|---|
Market Sentiment
The IPO saw overwhelming retail demand with an oversubscription ratio of 602.87x, signaling strong enthusiasm. The overall hit rate of 26.09% is moderate, reflecting a large pool of applicants but still decent allocation odds. Reallocation from the international tranche occurred, indicating the retail tranche was favored under the clawback mechanism. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
A notable inefficiency exists at the A-tail/B-head boundary: 甲尾 applicants with 60,000 lots expect only 0.9409 lots, while 乙头 applicants with 70,000 lots receive a guaranteed 1 lot. This means a marginal increase of 10,000 lots doubles the allocation certainty, making the move to B-head highly attractive. Broker fee efficiency thus favors larger applications just above the B-head threshold. (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, so regional, gender, or mainland participation insights cannot be provided. Without such data, it is not possible to comment on the typical concentration trends like Guangdong dominance or gender distribution. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
