挚达科技 02650Prospectus Information

Prospectus Information
返回 Stock Info Prospectus Allotment Results Allotment Profile Expected Lots
IPO Timeline
Broker Deadline
2025-10-06
Morning deadline
HKEX Deadline
2025-10-06
Noon deadline
Broker Results (T-2)
2025-10-08
Some brokers release in afternoon
Grey Market (T-1)
2025-10-09
Afternoon
HKEX Allotment (T-1)
2025-10-09
Evening
Registrar Allotment (T-1)
2025-10-09
Evening
Listing Day (T)
2025-10-10
First day of trading
Company Overview
Stock Name挚达科技
Stock Code02650
Company Full Name挚达科技
IndustryRobotics
Principal Activities我們以向汽車製造商及用戶提供智慧家用電動汽車充電樁為切入點，開發了由產品、服務及數字化平台構成的「三位一體」電動汽車家庭充電解決方案。
Listing Date2025-10-10
Listing Rules EraNew Rules (after Aug 2025)
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)Headquarters and Principal Place of Room 1001-1, No. 127, Guotong Road Business in the PRC Yangpu District, Shanghai PRC
Business Address (Hong Kong)香港 銅鑼灣勿地臣街1號 時代廣場二座31樓
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitewww.shzhida.com
Share Registrar卓佳证券登记有限公司 (Tricor Investor Services Limited)
Registrar ContactComputershare Hong Kong Investor
A-Share/US Dual ListingNo
Offering Information
Offering Mechanism Mechanism B
Offer PriceHK$ 66.92 / shares
Offer Price RangeFinal offer price only, no range
Lot Size50 shares
Entry ThresholdHK$ 3,346
Par ValueRMB 1.0 / shares
Offer Period2025-09-30 to 2025-10-06
Global Offering Shares5,978,900 shares
HK Public Offer Shares (Initial)597,900 shares (10.0%)
Public Offer Lots (Initial)11,958lots (5,979lots, 5,979lots)
International Placing Shares (Initial)5,381,000 shares (90.0%)
Offer Ratio~10.0%
Total Shares Post-IPO59,788,807 shares
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)To be extracted
Cornerstone Share0%
Clawback Tiers机制B-无回补
Reallocation OptionNo
Total Global Offering SizeHK$ 400,107,988
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 50 HK$ 3,346
2 lots 100 HK$ 6,692
3 lots 150 HK$ 10,038
4 lots 200 HK$ 13,384
5 lots 250 HK$ 16,730
6 lots 300 HK$ 20,076
7 lots 350 HK$ 23,422
8 lots 400 HK$ 26,768
9 lots 450 HK$ 30,114
10 lots 500 HK$ 33,460
12 lots 600 HK$ 40,152
14 lots 700 HK$ 46,844
16 lots 800 HK$ 53,536
18 lots 900 HK$ 60,228
20 lots 1,000 HK$ 66,920
30 lots 1,500 HK$ 100,380
40 lots 2,000 HK$ 133,840
50 lots 2,500 HK$ 167,300
60 lots 3,000 HK$ 200,760
70 lots 3,500 HK$ 234,220
80 lots 4,000 HK$ 267,680
90 lots 4,500 HK$ 301,140
100 lots 5,000 HK$ 334,600
120 lots 6,000 HK$ 401,520
140 lots 7,000 HK$ 468,440
160 lots 8,000 HK$ 535,360
180 lots 9,000 HK$ 602,280
200 lots 10,000 HK$ 669,200
300 lots 15,000 HK$ 1,003,800
400 lots 20,000 HK$ 1,338,400
500 lots 25,000 HK$ 1,673,000
600 lots 30,000 HK$ 2,007,600
700 lots 35,000 HK$ 2,342,200
800 lots 40,000 HK$ 2,676,800
900 lots 45,000 HK$ 3,011,400
1,000 lots 50,000 HK$ 3,346,000
1,200 lots 60,000 HK$ 4,015,200
1,400 lots 70,000 HK$ 4,684,400
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1,600 lots 80,000 HK$ 5,353,600
1,800 lots 90,000 HK$ 6,022,800
2,000 lots 100,000 HK$ 6,692,000
3,000 lots 150,000 HK$ 10,038,000
4,000 lots 200,000 HK$ 13,384,000
5,979 lots 298,950 HK$ 20,005,734
Valuation & Financials
Market Cap (at Offer Price)HK$ 4,001,066,964
Pre-IPO Valuation (Last Round)To be extracted
P/E Ratio不適用（公司處於虧損狀態）
Profit/Loss StatusNet loss RMB25.1 million
Period-End Cash Balance人民币53,700,000元
Listing ExpensesTo be extracted
Listing Expenses / Funds Raised~6.9%
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 195.5
First Day OpenHK$ 190.0
First Day Change192.14%
First Day Volume1558550.0
First Day Turnover289119000.0
Use of Proceeds
Use of Proceeds1、約38.0%（142.5百萬港元）預計將在未來五年用于海外擴張； 2、約36.5%（136.9百萬港元）預計將在未來五年用于研發以豐富產品及服務組合，以及增強數字化平臺及研發能力； 3、約10.0%（37.5百萬港元）預計將用于并購活動，以提升提供綜合能源管理解決方案的能力； 4、約5.5%（20.6百萬港元）預計將用于升級宣城工廠的現有生產設施及設備，以容納為新車型而設計的產品； 5、約10.0%（37.5百萬港元）預計將用作包括營運資金需求在內的一般企業用途。
Underwriting Syndicate
Sole Sponsor (1)
申万宏源融资（香港）有限公司 CE ABC209(sole)
Sponsor cum Overall Coordinator (1)
申万宏源证券（香港）有限公司 CE AAC927
Overall Coordinators (4)
申万宏源证券（香港）有限公司 CE AAC927 交银国际证券有限公司 CE APJ121 兴证国际融资有限公司 CE BAK956 第一上海证券有限公司 CE ABV488
Joint Global Coordinators (4)
申万宏源证券（香港）有限公司 CE AAC927 交银国际证券有限公司 CE APJ121 兴证国际融资有限公司 CE BAK956 第一上海证券有限公司 CE ABV488
Joint Bookrunners (7)
申万宏源证券（香港）有限公司 CE AAC927 交银国际证券有限公司 CE APJ121 兴证国际融资有限公司 CE BAK956 第一上海证券有限公司 CE ABV488 利弗莫尔证券有限公司 CE BJN764 黄河证券有限公司 CE BIX927 浦银国际融资有限公司 CE BFZ375
Joint Lead Managers (9)
申万宏源证券（香港）有限公司 CE AAC927 交银国际证券有限公司 CE APJ121 兴证国际融资有限公司 CE BAK956 第一上海证券有限公司 CE ABV488 利弗莫尔证券有限公司 CE BJN764 黄河证券有限公司 CE BIX927 浦银国际融资有限公司 CE BFZ375 西牛证券有限公司 CE BHT553 元宇宙（国际）证券有限公司 CE BIL855
Capital Market Intermediaries (9)
申万宏源证券（香港）有限公司 CE AAC927 交银国际证券有限公司 CE APJ121 兴证国际融资有限公司 CE BAK956 第一上海证券有限公司 CE ABV488 利弗莫尔证券有限公司 CE BJN764 黄河证券有限公司 CE BIX927 浦银国际融资有限公司 CE BFZ375 西牛证券有限公司 CE BHT553 元宇宙（国际）证券有限公司 CE BIL855
Service Providers
RoleInstitution
Legal Advisor to Company Davis Polk & Wardwell
北京市通商律师事务所
Commerce & Finance Law Offices LLP
Siam Premier International Law Office Limited
Gurbani & Co LLC
Legal Advisor to Sponsors/Underwriters 普衡律师事务所（香港）有限法律责任合伙
北京浩天律师事务所
Auditor and Reporting Accountant 罗兵咸永道会计师事务所
Industry Advisor 弗若斯特沙利文（北京）咨询有限公司上海分公司
Compliance Advisor 申万宏源融资（香港）有限公司 CE ABC209
Receiving Banks 中国银行（香港）有限公司
Cornerstone Investors
This stock has no cornerstone investors.
Directors & Management
ChairmanMr. Shen Qi
Company SecretaryMr. Jiang Yuxiao
執行董事 (2)
#NameEnglish NameType
1 黄志明 — 執行董事
2 李欣瑞 — 執行董事
獨立非執行董事 (6)
#NameEnglish NameType
1 孙枝丽 — 獨立非執行董事
2 吴瑜珊 — 獨立非執行董事
3 陆铭 — 獨立非執行董事
4 沈琪 — 獨立非執行董事
5 戴灿 — 獨立非執行董事
6 刘希 — 獨立非執行董事
Major Shareholders
Major Shareholders & HoldingsCONTROLLING SHAREHOLDERS (d) the Controlling Shareholders will undertake to provide all information necessary, including all relevant financial, operational and market information and any other necessary information as required by the independent non-executive Directors for
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 for 挚达科技 (02650) saw extraordinary demand, with oversubscription hitting 5,440.8x, underscoring intense retail enthusiasm. With a hit rate of effectively zero, only a tiny fraction of applicants secured any shares, reflecting extreme supply scarcity. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

A notable tier anomaly emerged: A-tail applicants (applying just below the HK$5 million threshold) expected 0.3598 lots on average, whereas B-head applicants (just above the threshold) expected only 0.1481 lots. This inverse relationship meant that bidding into the B pool yielded far fewer shares per lot applied, penalizing larger subscriptions. From a cost-efficiency perspective, A-tail bids offered a better expected allocation relative to the capital committed, though actual broker fees and costs would affect net returns. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice. Broker fee structures vary and actual costs may differ.)

Demographics

Demographic information, including mainland China participation and gender distribution, was not recorded for this IPO, leaving applicant composition unknown. No regional concentration data is available. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice. Data may contain errors or omissions.)

AI-generated content. For informational purposes only. Not financial advice. Verify against official sources.
Offering Structure
Subscription Tiers
IPO Timeline
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