英诺赛科 02577Prospectus Information

Prospectus Information
IPO Timeline
Broker Deadline
2024-12-23
Morning deadline
HKEX Deadline
2024-12-23
Noon deadline
Broker Results (T-2)
2024-12-24
Some brokers release in afternoon
Grey Market (T-1)
2024-12-27
Afternoon
HKEX Allotment (T-1)
2024-12-27
Evening
Registrar Allotment (T-1)
2024-12-27
Evening
Listing Day (T)
2024-12-30
First day of trading
Company Overview
Stock Name英诺赛科
Stock Code02577
Company Full Name英诺赛科
Industry半導體
Principal Activities公司是全球功率半導體革命的領導者,致力于氮化鎵功率半導體行業及生態系統的創新,亦是全球首家實現量產8英吋硅基氮化鎵晶圓及全球唯一具備產業規模提供全電壓譜系的硅基氮化鎵半導體產品的公司。
Listing Date2024-12-30
Listing Rules EraOld Rules
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國江蘇省蘇州市吳江區黎里鎮北厙新黎路98號
Business Address (Hong Kong)To be extracted
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehttps://www.innoscience.com/
Share Registrar卓佳证券登记有限公司 (Tricor Investor Services Limited)
Registrar Contact(852)2980 1333
A-Share/US Dual ListingNo
Offering Information
Offering Mechanism To be extracted
Offer PriceHK$ 30.86 / shares
Offer Price RangeTo be extracted
Lot SizeTo be extracted
Entry ThresholdTo be extracted
Par ValueTo be extracted
Offer PeriodTo be extracted
Global Offering SharesTo 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 RatioTo be extracted
Total Shares Post-IPOTo be extracted
Greenshoe (Over-allotment Option)No
Stabilizing Manager (Greenshoe)
Cornerstone Share55.4%
Clawback TiersTo be extracted
Reallocation OptionNo
Total Global Offering SizeHK$ 139,993,304
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 SubscribedShares SubscribedSubscription Amount (HKD)
1 lots 100 HK$ 3,086
2 lots 200 HK$ 6,172
3 lots 300 HK$ 9,258
4 lots 400 HK$ 12,344
5 lots 500 HK$ 15,430
6 lots 600 HK$ 18,516
7 lots 700 HK$ 21,602
8 lots 800 HK$ 24,688
9 lots 900 HK$ 27,774
10 lots 1,000 HK$ 30,860
15 lots 1,500 HK$ 46,290
20 lots 2,000 HK$ 61,720
25 lots 2,500 HK$ 77,150
30 lots 3,000 HK$ 92,580
35 lots 3,500 HK$ 108,010
40 lots 4,000 HK$ 123,440
45 lots 4,500 HK$ 138,870
50 lots 5,000 HK$ 154,300
60 lots 6,000 HK$ 185,160
70 lots 7,000 HK$ 216,020
80 lots 8,000 HK$ 246,880
90 lots 9,000 HK$ 277,740
100 lots 10,000 HK$ 308,600
200 lots 20,000 HK$ 617,200
300 lots 30,000 HK$ 925,800
400 lots 40,000 HK$ 1,234,400
500 lots 50,000 HK$ 1,543,000
600 lots 60,000 HK$ 1,851,600
700 lots 70,000 HK$ 2,160,200
800 lots 80,000 HK$ 2,468,800
900 lots 90,000 HK$ 2,777,400
1,000 lots 100,000 HK$ 3,086,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
2,000 lots 200,000 HK$ 6,172,000
3,000 lots 300,000 HK$ 9,258,000
4,000 lots 400,000 HK$ 12,344,000
8,000 lots 800,000 HK$ 24,688,000
Valuation & Financials
Market Cap (at Offer Price)To be extracted
Pre-IPO Valuation (Last Round)To be extracted
P/E RatioTo be extracted
Profit/Loss StatusTo be extracted
Period-End Cash BalanceTo be extracted
Listing ExpensesTo be extracted
Listing Expenses / Funds RaisedTo be extracted
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 31.0
First Day OpenHK$ 31.0
First Day Change0.45%
First Day Volume2952480.0
First Day Turnover93369700.0
Use of Proceeds
Use of Proceeds1、約60.0%或818.3百萬港元用作資金來源之一,以擴大8英吋氮化鎵晶圓產能、購買及升級生產設備及機器以及招聘生產人員; 2、約20.0%或272.8百萬港元將用于研發及擴大產品組合,以提高氮化鎵產品在終端市場的滲透率; 3、約10.0%或136.4百萬港元將用于擴大氮化鎵產品的全球分銷網絡; 4、約10.0%或136.4百萬港元將用于營運資金及其他一般企業用途。
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 (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 富瑞金融集团香港有限公司 CE ATS546 中信里昂证券有限公司 CE AAB893 华泰金融控股(香港)有限公司 CE AOK809
Joint Global 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 富瑞金融集团香港有限公司 CE ATS546 中信里昂证券有限公司 CE AAB893 华泰金融控股(香港)有限公司 CE AOK809
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 富瑞金融集团香港有限公司 CE ATS546 中信里昂证券有限公司 CE AAB893 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 洪泰证券有限公司 CE BJK437 农银国际融资有限公司 CE AWL249 百惠证券有限公司 CE BPQ161 长桥证券(香港)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 TradeGo Markets Limited CE BRO637
Joint Lead Managers (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 富瑞金融集团香港有限公司 CE ATS546 中信里昂证券有限公司 CE AAB893 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 洪泰证券有限公司 CE BJK437 农银国际证券有限公司 CE ACX411 百惠证券有限公司 CE BPQ161 长桥证券(香港)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 TradeGo Markets Limited CE BRO637
Capital Market Intermediaries (14)
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 富瑞金融集团香港有限公司 CE ATS546 中信里昂证券有限公司 CE AAB893 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 洪泰证券有限公司 CE BJK437 农银国际融资有限公司 CE AWL249 农银国际证券有限公司 CE ACX411 百惠证券有限公司 CE BPQ161 长桥证券(香港)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 TradeGo Markets Limited CE BRO637
Service Providers
RoleInstitution
Legal Advisor to Company 高伟绅律师事务所
上海澄明则正律师事务所
霍金路伟律师行
Legal Advisor to Sponsors/Underwriters 盛德律师事务所
锦天城律师事务所
Auditor and Reporting Accountant 毕马威会计师事务所
Industry Advisor 弗若斯特沙利文(北京)咨询有限公司上海分公司
Compliance Advisor 迈时资本有限公司 CE BNO600
Receiving Banks 中国银行(香港)有限公司
招商永隆银行有限公司
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 STMicroelectronics Limited 388,592,206 HKD 27.76% 6 months 2025-06-30
2 江苏国有企业混合所有制改革基金(有限合伙) 194,294,560 HKD 13.88% 6 months 2025-06-30
3 江苏苏州高端装备产业专项母基金(有限合伙) 96,178,276 HKD 6.87% 6 months 2025-06-30
4 苏州东方创联投资管理有限公司 96,178,276 HKD 6.87% 6 months 2025-06-30
Directors & Management
ChairmanWeiwei Luo
Company Secretary鐘明輝,余曉桐
No director data available.
Major Shareholders
Major Shareholders & Holdings招銀投資者(15.80%),Inno Investment(Hong Kong)Limited(9.78%),Weiwei Luo(5.60%),Jay Hyung Son(5.19%)
AI AI Analysis
!
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 moderate oversubscription at 2.87x, suggesting lukewarm retail demand rather than speculative frenzy. Final accepted applications and hit rate are reported as zero, implying missing or incomplete data on actual allocation outcomes. Pricing at HK$30.86 per share fell within typical expectations, with no significant deviation from the range indicated. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

甲尾 and 乙头 application amounts are listed at 100,000 and 200,000 shares respectively, yet both expected only 1 lot—an extreme outcome that contrasts sharply with the modest 2.87x overall oversubscription. This may reflect a data error or an unusually steep allocation curve favoring very small applications, making large-tier applications highly capital-inefficient. Broker fee comparisons across tiers are unreliable without precise fee data and allocation details. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Mainland China applicants dominated at 80.4%, a high proportion that may signal confidence in the issuer’s local brand but also a narrower Hong Kong investor base. The male participation rate of 67.3% and average age of 41.6 suggest an investor pool skewed toward middle-aged males, with limited appeal to younger or female demographics. Regional data are not provided, so geographic concentration cannot be assessed. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Subscription Tiers
IPO Timeline
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