IPO Timeline
Broker Deadline
2024-08-05
Morning deadline
HKEX Deadline
2024-08-05
Noon deadline
Broker Results (T-2)
2024-08-06
Some brokers release in afternoon
Grey Market (T-1)
2024-08-07
Afternoon
HKEX Allotment (T-1)
2024-08-07
Evening
Registrar Allotment (T-1)
2024-08-07
Evening
Listing Day (T)
2024-08-08
First day of trading
Company Overview
| Stock Name | 黑芝麻智能 |
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| Stock Code | 02533 |
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| Company Full Name | 黑芝麻智能 |
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| Industry | 軟件服務 |
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| Principal Activities | 公司是一家車規級計算SoC及基于SoC的智能汽車解決方案供應商，旨在用芯片推動出行未來。 |
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| Listing Date | 2024-08-08 |
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| Listing Rules Era | Old Rules |
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| Listing Rules Chapter | To be extracted |
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| Weighted Voting Rights (WVR) | No |
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| Registered Address (Mainland China) | 中國湖北省武漢市青山區和平大道1278號深國投中心32樓 |
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| Business Address (Hong Kong) | To be extracted |
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| Place of Incorporation | To be extracted |
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| Listing Method | To be extracted |
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| Listing Board | Main Board |
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| Website | http://www.blacksesame.com.cn/ |
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| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
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| Registrar Contact | (852)2980 1333 |
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| A-Share/US Dual Listing | No |
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Offering Information
| Offering Mechanism |
To be extracted
|
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| Offer Price | HK$ 28.00 / shares |
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| Offer Price Range | To be extracted |
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| Lot Size | To be extracted |
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| Entry Threshold | To be extracted |
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| Par Value | To be extracted |
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| Offer Period | To be extracted |
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| Global Offering Shares | To be extracted |
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| HK Public Offer Shares (Initial) | To be extracted |
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| Public Offer Lots (Initial) | To be extracted |
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| International Placing Shares (Initial) | To be extracted |
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| Offer Ratio | To be extracted |
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| Total Shares Post-IPO | To be extracted |
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| Greenshoe (Over-allotment Option) | No |
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| Stabilizing Manager (Greenshoe) | — |
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| Cornerstone Share | 7.4% |
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| Clawback Tiers | To be extracted |
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| Reallocation Option | No |
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| Total Global Offering Size | HK$ 51,800,000 |
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Valuation & Financials
| Market Cap (at Offer Price) | To be extracted |
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| Pre-IPO Valuation (Last Round) | To be extracted |
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| P/E Ratio | To be extracted |
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| Profit/Loss Status | To be extracted |
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| Period-End Cash Balance | To be extracted |
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| Listing Expenses | To be extracted |
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| Listing Expenses / Funds Raised | To be extracted |
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| Total Pre-IPO Investment | To be extracted |
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First Day Performance
| First Day Close | HK$ 20.45 |
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| First Day Open | HK$ 18.8 |
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| First Day Change | -26.96% |
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| First Day Volume | 3326300.0 |
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| First Day Turnover | 70461700.0 |
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Use of Proceeds
| Use of Proceeds | 1、約80.0%或788.3百萬港元將在未來五年間用于我們的研發；
2、約10.0%或98.5百萬港元將用于提高我們的商業化能力；
3、約10.0%或98.5百萬港元將用于營運資金及一般公司用途，尤其是采購存貨用于SoC量產。 |
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Underwriting Syndicate
Joint Sponsors (2)
中国国际金融香港证券有限公司 CE AEN894
华泰金融控股（香港）有限公司 CE AOK809
Overall Coordinators (3)
中国国际金融香港证券有限公司 CE AEN894
华泰金融控股（香港）有限公司 CE AOK809
建银国际金融有限公司 CE AJO225
Joint Global Coordinators (5)
中国国际金融香港证券有限公司 CE AEN894
华泰金融控股（香港）有限公司 CE AOK809
建银国际金融有限公司 CE AJO225
中银国际亚洲有限公司 CE AET863
中信里昂证券有限公司 CE AAB893
Joint Bookrunners (7)
中国国际金融香港证券有限公司 CE AEN894
华泰金融控股（香港）有限公司 CE AOK809
建银国际金融有限公司 CE AJO225
中银国际亚洲有限公司 CE AET863
中信里昂证券有限公司 CE AAB893
广发证券（香港）经纪有限公司
富途证券国际（香港）有限公司 CE AZT137
Joint Lead Managers (5)
中国国际金融香港证券有限公司 CE AEN894
华泰金融控股（香港）有限公司 CE AOK809
中银国际亚洲有限公司 CE AET863
中信里昂证券有限公司 CE AAB893
老虎证券（香港）环球有限公司 CE BMU940
Capital Market Intermediaries (8)
中国国际金融香港证券有限公司 CE AEN894
华泰金融控股（香港）有限公司 CE AOK809
建银国际金融有限公司 CE AJO225
中银国际亚洲有限公司 CE AET863
中信里昂证券有限公司 CE AAB893
广发证券（香港）经纪有限公司
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
Service Providers
| Role | Institution |
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| Legal Advisor to Company |
高伟绅律师行
中伦律师事务所
迈普达律师事务所（香港）有限法律责任合伙
K&L Gates LLP
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| Legal Advisor to Sponsors/Underwriters |
威尔逊•桑西尼•古奇•罗沙迪律师事务所
君合律师事务所
|
| Auditor and Reporting Accountant |
罗兵咸永道会计师事务所
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| Industry Advisor |
弗若斯特沙利文有限公司
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| Receiving Banks |
中国银行（香港）有限公司
|
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
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| 1 |
Joyson Electronic USA LLC |
23,293,200 HKD |
— |
2.25% |
— |
6 months |
2025-02-08 |
| 2 |
启城发展有限公司 |
53,177,600 HKD |
— |
5.13% |
— |
6 months |
2025-02-08 |
Directors & Management
| Chairman | 單記章 |
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| Company Secretary | 孫曉祥;郭兆瑩 |
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No director data available.
Major Shareholders
| Major Shareholders & Holdings | 單記章(7.75%);Excellent Ocean Trust(4.55%) |
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!
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 saw a modest oversubscription of 2.52 times, with a 100% hit rate meaning all 3,296 applicants received full allocations. This tepid demand signals limited retail enthusiasm, as the offer was not meaningfully oversubscribed. The final price of HK$28.0 likely did not stretch to the top of any range, reflecting cautious institutional support. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
With a 100% acceptance rate across all applications, there is no tier-based allocation anomaly to observe. All valid bids were fully satisfied regardless of lot size, so comparisons between A and B tiers, or broker fee efficiencies, are moot. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographics
Mainland Chinese subscribers dominated at 68.8% of the 3,104 holders, signaling strong cross-border interest. The investor base was predominantly male (70.2%) with an average age of 42.3, typical for Hong Kong IPOs. The high mainland share may reflect brand recognition or thematic appeal in specific regions. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Disclaimer & Risk Warning
Site Nature: This website (cibo.qizai.ai) is an independent technology product showcase platform established by Panda Securities Limited (CE Number: BNC380). This website itself and all content displayed herein do not constitute and are not involved in any regulated activity or licensed service.
Not Investment Advice: The data on this page is automatically extracted from prospectus PDFs by AI and may contain omissions or errors. All information and data on this page are sourced from prospectuses and related historical documents, are not real-time data, and will not be automatically updated, reflecting historical information at the time of prospectus publication. All content is provided solely for AI tool analysis learning exchange and technical reference purposes, and absolutely does not constitute any investment advice, offer to buy or sell, solicitation, recommendation, or guarantee. The output of this AI analysis tool should not be interpreted as investment opinion.
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