IPO Timeline
Broker Results (T-2)
2024-12-04
Some brokers release in afternoon
Grey Market (T-1)
2024-12-05
Afternoon
HKEX Allotment (T-1)
2024-12-05
Evening
Registrar Allotment (T-1)
2024-12-05
Evening
Listing Day (T)
2024-12-06
First day of trading
Company Overview
| Stock Name | 重塑能源 |
|---|---|
| Stock Code | 02570 |
| Company Full Name | 重塑能源 |
| Industry | 工業制造 |
| Principal Activities | 公司是一家中國領先的氫能科技企業，專注于氫燃料電池系統、氫能裝備及相關零部件的設計、開發、制造和銷售，并提供滿足客戶需求的氫燃料電池工程開發服務，能夠提供制氫及終端應用一站式解決方案。 |
| Listing Date | 2024-12-06 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國上海市嘉定區靖遠路1555號1幢1層1004室 |
| 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.refire.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 Listing | No data |
Offering Information
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 147.00 / 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) | To be confirmed |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 45.2% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 70,971,600 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 20 | HK$ 2,940 |
| 2 lots | 40 | HK$ 5,880 |
| 3 lots | 60 | HK$ 8,820 |
| 4 lots | 80 | HK$ 11,760 |
| 5 lots | 100 | HK$ 14,700 |
| 6 lots | 120 | HK$ 17,640 |
| 7 lots | 140 | HK$ 20,580 |
| 8 lots | 160 | HK$ 23,520 |
| 9 lots | 180 | HK$ 26,460 |
| 10 lots | 200 | HK$ 29,400 |
| 15 lots | 300 | HK$ 44,100 |
| 20 lots | 400 | HK$ 58,800 |
| 25 lots | 500 | HK$ 73,500 |
| 30 lots | 600 | HK$ 88,200 |
| 35 lots | 700 | HK$ 102,900 |
| 40 lots | 800 | HK$ 117,600 |
| 45 lots | 900 | HK$ 132,300 |
| 50 lots | 1,000 | HK$ 147,000 |
| 100 lots | 2,000 | HK$ 294,000 |
| 150 lots | 3,000 | HK$ 441,000 |
| 200 lots | 4,000 | HK$ 588,000 |
| 250 lots | 5,000 | HK$ 735,000 |
| 300 lots | 6,000 | HK$ 882,000 |
| 350 lots | 7,000 | HK$ 1,029,000 |
| 400 lots | 8,000 | HK$ 1,176,000 |
| 500 lots | 10,000 | HK$ 1,470,000 |
| 1,000 lots | 20,000 | HK$ 2,940,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 2,000 lots | 40,000 | HK$ 5,880,000 |
| 2,500 lots | 50,000 | HK$ 7,350,000 |
| 4,000 lots | 80,000 | HK$ 11,760,000 |
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$ 147.1 |
|---|---|
| First Day Open | HK$ 148.9 |
| First Day Change | 0.07% |
| First Day Volume | 469700.0 |
| First Day Turnover | 67943100.0 |
Use of Proceeds
| Use of Proceeds | 1、74.5%或約495.9百萬港元將用于為氫燃料電池系統的研發活動及擴產提供資金； 2、15.3%或約101.9百萬港元將用于為氫能裝備的擴產提供資金； 3、7.7%或約51.3百萬港元將用于海外市場業務拓展； 4、2.5%或約16.9百萬港元將用于營運資金及一般公司用途。 |
|---|
Underwriting Syndicate
Sole Sponsor (1)
中国国际金融香港证券有限公司 CE AEN894
Overall Coordinators (5)
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
法国巴黎证券（亚洲）有限公司 CE AAF669
中银国际亚洲有限公司 CE AET863
中国银河国际证券（香港）有限公司 CE AXM459
Joint Bookrunners (10)
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
法国巴黎证券（亚洲）有限公司 CE AAF669
中银国际亚洲有限公司 CE AET863
中国银河国际证券（香港）有限公司 CE AXM459
农银国际证券有限公司 CE ACX411
招商证券（香港）有限公司 CE AAI650
利弗莫尔证券有限公司 CE BJN764
东吴证券国际经纪有限公司 CE AYA587
老虎证券（香港）环球有限公司 CE BMU940
Joint Lead Managers (10)
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
法国巴黎证券（亚洲）有限公司 CE AAF669
中银国际亚洲有限公司 CE AET863
中国银河国际证券（香港）有限公司 CE AXM459
农银国际证券有限公司 CE ACX411
招商证券（香港）有限公司 CE AAI650
利弗莫尔证券有限公司 CE BJN764
东吴证券国际经纪有限公司 CE AYA587
老虎证券（香港）环球有限公司 CE BMU940
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | 九江经开区鼎创股权投资中心(有限合伙) | 320,648,160 HKD | — | 45.18% | — | 6 months | 2025-06-06 |
Directors & Management
| Chairman | 林琦 |
|---|---|
| Company Secretary | 鄭重,潘秉揚 |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | 林琦(13.74%),中國石化集團資本有限公司(13.53%) |
|---|
AI
AI Analysis
Market Sentiment
超额认购倍数仅1.55倍，市场情绪平淡，申购热度较低。最终中签率高达77.77%，几乎人手一份，远高于常见个位数中签率，显示公开认购需求疲弱。发售价147港元，未触发回拨机制，反映机构与散户参与意愿均不强烈。（以上为AI基于历史数据生成的评论。过往模式不保证未来结果。不构成投资建议。）
Tier Analysis
档位分布严重异常：甲尾（申购20,000股）与乙头（申购40,000股）的期望中签量均仅为1手，意味着大额申购与小额申购获配相同，资金效率极低。这一分配模式显著偏离常态，显示分配机制对大户极为不利，可能系认购不足下维持散户覆盖所致。（以上为AI基于历史数据生成的评论。过往模式不保证未来结果。不构成投资建议。）
Demographics
人口统计信息缺失（内地与香港参与比例为0），无法分析地区集中度及内地资金信号。可能因数据源问题，建议以港交所官方文件为准。通常此类低热度IPO内地参与率偏低，但无具体数据支撑。（以上为AI基于历史数据生成的评论。过往模式不保证未来结果。不构成投资建议。）
Subscription Tiers
IPO Timeline
