METALIGHT 02605Prospectus Information

Prospectus Information
IPO Timeline
Broker Deadline
2025-06-05
Morning deadline
HKEX Deadline
2025-06-05
Noon deadline
Broker Results (T-2)
2025-06-06
Some brokers release in afternoon
Grey Market (T-1)
2025-06-09
Afternoon
HKEX Allotment (T-1)
2025-06-09
Evening
Registrar Allotment (T-1)
2025-06-09
Evening
Listing Day (T)
2025-06-10
First day of trading
Company Overview
Stock NameMETALIGHT
Stock Code02605
Company Full NameMETALIGHT
Industry軟件服務
Principal Activities公司營運的車來了是一款移動APP,運用大數據分析提供實時、準確的公交車到達信息。
Listing Date2025-06-10
Listing Rules EraOld Rules
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國北京市東城區東四十條94號亮點文創園1層
Business Address (Hong Kong)To be extracted
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehttps://www.metalight.ai/
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 ListingNo
Offering Information
Offering Mechanism To be extracted
Offer PriceHK$ 9.75 / shares
Offer Price RangeFinal offer price only, no range
Lot SizeTo be extracted
Entry ThresholdTo be extracted
Par ValueTo be extracted
Offer Period2025-06-02 to 2025-06-05
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 Share0%
Clawback TiersTo be extracted
Reallocation OptionNo
Total Global Offering SizeHK$ 121,173,000
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 400 HK$ 3,900
2 lots 800 HK$ 7,800
3 lots 1,200 HK$ 11,700
4 lots 1,600 HK$ 15,600
5 lots 2,000 HK$ 19,500
6 lots 2,400 HK$ 23,400
7 lots 2,800 HK$ 27,300
8 lots 3,200 HK$ 31,200
9 lots 3,600 HK$ 35,100
10 lots 4,000 HK$ 39,000
15 lots 6,000 HK$ 58,500
20 lots 8,000 HK$ 78,000
25 lots 10,000 HK$ 97,500
30 lots 12,000 HK$ 117,000
35 lots 14,000 HK$ 136,500
40 lots 16,000 HK$ 156,000
45 lots 18,000 HK$ 175,500
50 lots 20,000 HK$ 195,000
75 lots 30,000 HK$ 292,500
100 lots 40,000 HK$ 390,000
125 lots 50,000 HK$ 487,500
150 lots 60,000 HK$ 585,000
175 lots 70,000 HK$ 682,500
200 lots 80,000 HK$ 780,000
225 lots 90,000 HK$ 877,500
250 lots 100,000 HK$ 975,000
375 lots 150,000 HK$ 1,462,500
500 lots 200,000 HK$ 1,950,000
625 lots 250,000 HK$ 2,437,500
750 lots 300,000 HK$ 2,925,000
875 lots 350,000 HK$ 3,412,500
1,000 lots 400,000 HK$ 3,900,000
1,125 lots 450,000 HK$ 4,387,500
1,250 lots 500,000 HK$ 4,875,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1,500 lots 600,000 HK$ 5,850,000
1,750 lots 700,000 HK$ 6,825,000
2,000 lots 800,000 HK$ 7,800,000
2,250 lots 900,000 HK$ 8,775,000
2,500 lots 1,000,000 HK$ 9,750,000
2,750 lots 1,100,000 HK$ 10,725,000
3,107 lots 1,242,800 HK$ 12,117,300
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$ 6.8
First Day OpenHK$ 7.6
First Day Change-30.26%
First Day Volume24046400.0
First Day Turnover194724000.0
Use of Proceeds
Use of Proceeds1、約45%(或71.9百萬港元)將用于增強技術能力; 2、約30%(或47.9百萬港元)將用于銷售及營銷工作,以增強市場占有率及品牌知名度; 3、約15%(或24.0百萬港元)將用于自2025年至2027年招募約15名人才團隊; 4、約10%(或16.0百萬港元)預期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 (4)
中国国际金融香港证券有限公司 CE AEN894 民银证券有限公司 CE APU820 农银国际证券有限公司 CE ACX411 建银国际金融有限公司 CE AJO225
Joint Bookrunners (12)
中国国际金融香港证券有限公司 CE AEN894 民银证券有限公司 CE APU820 农银国际证券有限公司 CE ACX411 建银国际金融有限公司 CE AJO225 百惠证券有限公司 CE BPQ161 软库中华金融服务有限公司 CE ABD523 复星国际证券有限公司 CE AAF432 中银国际亚洲有限公司 CE AET863 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 Tiger Faith Securities Limited CE BLB524 Long Bridge HK Limited CE BPX066
Joint Lead Managers (12)
中国国际金融香港证券有限公司 CE AEN894 民银证券有限公司 CE APU820 农银国际证券有限公司 CE ACX411 建银国际金融有限公司 CE AJO225 百惠证券有限公司 CE BPQ161 软库中华金融服务有限公司 CE ABD523 复星国际证券有限公司 CE AAF432 中银国际亚洲有限公司 CE AET863 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 Tiger Faith Securities Limited CE BLB524 Long Bridge HK Limited CE BPX066
Cornerstone Investors
This stock has no cornerstone investors.
Directors & Management
Chairman孫熙
Company Secretary岑影文
No director data available.
Major Shareholders
Major Shareholders & HoldingsCheering Venture Global Limited(15.19%),China Broadband Capital Partners III, L.P.(8.82%),阿里巴巴投資有限公司(8.77%),WeBus Data Ltd.( 8.51%),HongHe Venture Fund I, L.P.(8.44%)
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 attracted overwhelming demand, with an oversubscription ratio of 274.44 indicating high retail enthusiasm. However, the 0% hit rate suggests either incomplete data or an extremely low probability of successful allocation. The offer price was fixed at HK$9.75, but pricing dynamics relative to the range are not available. (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, making it impossible to analyze distribution anomalies under the old Mechanism A and Clawback Tier C. With an oversubscription ratio of 274.44, it is likely that all tiers experienced very low allocation rates, but no breakdown of winner ratios or expected lot counts is available to confirm inefficiencies. (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 not available, as the reported total holders and mainland participation rate are zero, likely due to incomplete reporting. Consequently, no analysis of investor origin, gender, or regional concentration can be performed. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Subscription Tiers
IPO Timeline
Disclaimer & Risk Warning

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