安井食品 02648Prospectus Information

Prospectus Information
IPO Timeline
Broker Results (T-2)
2025-07-02
Some brokers release in afternoon
Grey Market (T-1)
2025-07-03
Afternoon
HKEX Allotment (T-1)
2025-07-03
Evening
Registrar Allotment (T-1)
2025-07-03
Evening
Listing Day (T)
2025-07-04
First day of trading
Cross-Market Price Comparison
Other Listed Market Shanghai (SSE) — 安井食品
Other Market Stock Code603345
H-Share Offer PriceTo be extracted
Other Market PriceLoading...
Reference Exchange RateLoading...
H-Share Offer Price Premium/Discount vs Other MarketLoading...
Company Overview
Stock Name安井食品
Stock Code02648
Company Full Name安井食品
Industry食品飲料
Principal Activities公司是中國速凍食品行業的龍頭企業,致力于在家庭、餐廳及外出用餐等多種消費場景中提供美味、優質及便捷的食品。
Listing Date2025-07-04
Listing Rules EraOld Rules
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國福建省廈門市海滄區新陽路2508號
Business Address (Hong Kong)To be extracted
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehttps://www.anjoyfood.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 ListingNo data
Offering Information
Offering Mechanism To be extracted
Offer PriceHK$ 60.00 / 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)To be confirmed
Stabilizing Manager (Greenshoe)
Cornerstone Share29.4%
Clawback TiersTo be extracted
Reallocation OptionTo be confirmed
Total Global Offering SizeHK$ 719,910,000
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 100 HK$ 6,000
2 lots 200 HK$ 12,000
3 lots 300 HK$ 18,000
4 lots 400 HK$ 24,000
5 lots 500 HK$ 30,000
6 lots 600 HK$ 36,000
7 lots 700 HK$ 42,000
8 lots 800 HK$ 48,000
9 lots 900 HK$ 54,000
10 lots 1,000 HK$ 60,000
15 lots 1,500 HK$ 90,000
20 lots 2,000 HK$ 120,000
25 lots 2,500 HK$ 150,000
30 lots 3,000 HK$ 180,000
35 lots 3,500 HK$ 210,000
40 lots 4,000 HK$ 240,000
45 lots 4,500 HK$ 270,000
50 lots 5,000 HK$ 300,000
60 lots 6,000 HK$ 360,000
70 lots 7,000 HK$ 420,000
80 lots 8,000 HK$ 480,000
90 lots 9,000 HK$ 540,000
100 lots 10,000 HK$ 600,000
200 lots 20,000 HK$ 1,200,000
300 lots 30,000 HK$ 1,800,000
400 lots 40,000 HK$ 2,400,000
500 lots 50,000 HK$ 3,000,000
600 lots 60,000 HK$ 3,600,000
700 lots 70,000 HK$ 4,200,000
800 lots 80,000 HK$ 4,800,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
900 lots 90,000 HK$ 5,400,000
1,000 lots 100,000 HK$ 6,000,000
2,000 lots 200,000 HK$ 12,000,000
3,000 lots 300,000 HK$ 18,000,000
4,000 lots 400,000 HK$ 24,000,000
5,000 lots 500,000 HK$ 30,000,000
6,000 lots 600,000 HK$ 36,000,000
7,000 lots 700,000 HK$ 42,000,000
8,000 lots 800,000 HK$ 48,000,000
9,000 lots 900,000 HK$ 54,000,000
10,000 lots 1,000,000 HK$ 60,000,000
12,500 lots 1,250,000 HK$ 75,000,000
15,000 lots 1,500,000 HK$ 90,000,000
19,997 lots 1,999,700 HK$ 119,982,000
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$ 57.0
First Day OpenHK$ 60.0
First Day Change-5.00%
First Day Volume12353900.0
First Day Turnover733053000.0
Use of Proceeds
Use of Proceeds1、約35.0%或873.5百萬港元用于擴大銷售及經銷網絡; 2、約35.0%或873.5百萬港元用于提升采購能力,優化供應鏈并搭建供應鏈系統; 3、約15.0%或374.4百萬港元用于業務營運數字化; 4、約5.0%或124.8百萬港元用于產品開發及技術創新; 5、約10.0%或249.6百萬港元將撥作營運資金及一般公司用途。
Underwriting Syndicate
Joint Sponsors (2)
高盛(亚洲)有限责任公司 CE ACC536 中国国际金融香港证券有限公司 CE AEN894
Overall Coordinators (6)
高盛(亚洲)有限责任公司 CE ACC536 中国国际金融香港证券有限公司 CE AEN894 平证证券(香港)有限公司 CE BMC491 招银国际融资有限公司 CE AVM940 中信建投(国际)融资有限公司 CE BAU112 华泰金融控股(香港)有限公司 CE AOK809
Joint Bookrunners (11)
高盛(亚洲)有限责任公司 CE ACC536 中国国际金融香港证券有限公司 CE AEN894 平证证券(香港)有限公司 CE BMC491 招银国际融资有限公司 CE AVM940 中信建投(国际)融资有限公司 CE BAU112 华泰金融控股(香港)有限公司 CE AOK809 中国银河国际证券(香港)有限公司 CE AXM459 大华继显(香港)有限公司 CE AAW261 GF Securities (Hong Kong) Brokerage Limited CE AOB364 建银国际金融有限公司 CE AJO225 兴证国际融资有限公司 CE BAK956
Joint Lead Managers (11)
高盛(亚洲)有限责任公司 CE ACC536 中国国际金融香港证券有限公司 CE AEN894 平证证券(香港)有限公司 CE BMC491 招银国际融资有限公司 CE AVM940 中信建投(国际)融资有限公司 CE BAU112 华泰金融控股(香港)有限公司 CE AOK809 中国银河国际证券(香港)有限公司 CE AXM459 大华继显(香港)有限公司 CE AAW261 GF Securities (Hong Kong) Brokerage Limited CE AOB364 建银国际金融有限公司 CE AJO225 兴证国际融资有限公司 CE BAK956
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 FCP Domains Co., Ltd. 78,492,000 HKD 3.27% 6 months 2026-01-04
2 HT Investment Limited 156,984,000 HKD 6.54% 6 months 2026-01-04
3 NonaVerse (Hong Kong) Limited 78,492,000 HKD 3.27% 6 months 2026-01-04
4 Torus Fund SP 78,492,000 HKD 3.27% 6 months 2026-01-04
5 景林资产管理香港有限公司 156,984,000 HKD 6.54% 6 months 2026-01-04
6 上海景林及华泰资本投资 156,984,000 HKD 6.54% 6 months 2026-01-04
Directors & Management
Chairman劉鳴鳴,張清苗,章高路
Company Secretary梁晨,吳東澄
No director data available.
Major Shareholders
Major Shareholders & Holdings福建國力民生科技發展有限公司(22%),劉鳴鳴(3.69%)
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 recorded a modest oversubscription of 44.2 times, reflecting subdued market enthusiasm. The overall hit rate of 84.46% is exceptionally high, indicating that most retail applicants received allocations, a pattern typical of less sought-after offerings. The offer price was fixed at HK$60.0 with no evidence of a discount to the indicative range, consistent with stable but unexceptional demand. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

A severe tier inefficiency is evident: 甲尾 applicants committed 70,000 lots but expected just 1 lot, identical to the 乙头 tier at 80,000 lots applied. This flat allocation curve makes the 甲尾 tier exceptionally cost-inefficient, as the far larger capital outlay yields no additional shares. The clawback and reallocation under Mechanism A likely amplified this anomaly by concentrating allocations at smaller tiers. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Demographic data was not disclosed in this filing, with total holders, mainland China participation, and Hong Kong participation all reported as zero. This lack of granularity obscures the investor profile, though the low oversubscription may hint at limited retail interest from mainland China. Without regional or gender metrics, no reliable demographic patterns can be drawn. (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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