云迹 02670Prospectus Information

Prospectus Information
返回 Stock Info Prospectus Allotment Results Allotment Profile Expected Lots
IPO Timeline
Broker Deadline
2025-10-13
Morning deadline
HKEX Deadline
2025-10-13
Noon deadline
Broker Results (T-2)
2025-10-14
Some brokers release in afternoon
Grey Market (T-1)
2025-10-15
Afternoon
HKEX Allotment (T-1)
2025-10-15
Evening
Registrar Allotment (T-1)
2025-10-15
Evening
Listing Day (T)
2025-10-16
First day of trading
Company Overview
Stock Name云迹
Stock Code02670
Company Full Name云迹
IndustryRobotics
Principal Activitiesleading hospitality robotic-based AI-empowered technology company
Listing Date2025-10-16
Listing Rules EraNew Rules (after Aug 2025)
Listing Rules ChapterChapter 18C
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)Headquarters and Principal Place of Room B01, 7/F Business in the PRC Jinqiu International Building No. 6, Zhichun Road Haidian District Beijing the PRC Principal Place of Business Room 1912, 19/F in
Business Address (Hong Kong)香港 銅鑼灣 希慎道33號 利園一期 19樓1912室
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websiteyunjichina.com.cn
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 18C特专科技
Offer PriceHK$ 95.60 / shares
Offer Price RangeFinal offer price only, no range
Lot Size50 shares
Entry ThresholdHK$ 4,780
Par ValueRMB 1.0 / shares
Offer Period2025-10-08 to 2025-10-13
Global Offering Shares1,035,000 shares
HK Public Offer Shares (Initial)345,000 shares (33.3%)
Public Offer Lots (Initial)6,900lots (3,450lots, 3,450lots)
International Placing Shares (Initial)6,555,000 shares (66.7%)
Offer Ratio~33.3%
Total Shares Post-IPO68,718,182 shares
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)To be extracted
Cornerstone Share0%
Clawback Tiers18C回拨：<10倍→酌情增至10%，10倍至<50倍→10%，≥50倍→20%
Reallocation OptionNo
Total Global Offering SizeHK$ 98,946,000
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 50 HK$ 4,780
2 lots 100 HK$ 9,560
3 lots 150 HK$ 14,340
4 lots 200 HK$ 19,120
5 lots 250 HK$ 23,900
6 lots 300 HK$ 28,680
7 lots 350 HK$ 33,460
8 lots 400 HK$ 38,240
9 lots 450 HK$ 43,020
10 lots 500 HK$ 47,800
12 lots 600 HK$ 57,360
14 lots 700 HK$ 66,920
16 lots 800 HK$ 76,480
18 lots 900 HK$ 86,040
20 lots 1,000 HK$ 95,600
30 lots 1,500 HK$ 143,400
40 lots 2,000 HK$ 191,200
50 lots 2,500 HK$ 239,000
60 lots 3,000 HK$ 286,800
70 lots 3,500 HK$ 334,600
80 lots 4,000 HK$ 382,400
90 lots 4,500 HK$ 430,200
100 lots 5,000 HK$ 478,000
120 lots 6,000 HK$ 573,600
140 lots 7,000 HK$ 669,200
160 lots 8,000 HK$ 764,800
180 lots 9,000 HK$ 860,400
200 lots 10,000 HK$ 956,000
400 lots 20,000 HK$ 1,912,000
600 lots 30,000 HK$ 2,868,000
800 lots 40,000 HK$ 3,824,000
1,000 lots 50,000 HK$ 4,780,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1,200 lots 60,000 HK$ 5,736,000
1,400 lots 70,000 HK$ 6,692,000
1,600 lots 80,000 HK$ 7,648,000
1,800 lots 90,000 HK$ 8,604,000
2,000 lots 100,000 HK$ 9,560,000
2,400 lots 120,000 HK$ 11,472,000
2,800 lots 140,000 HK$ 13,384,000
3,450 lots 172,500 HK$ 16,491,000
Valuation & Financials
Market Cap (at Offer Price)HK$ 6,569,458,199
Pre-IPO Valuation (Last Round)To be extracted
P/E Ratio不適用（公司处于亏损状态）
Profit/Loss StatusNet loss RMB365.4 million
Period-End Cash Balance人民币53,000,000元
Listing ExpensesTo be extracted
Listing Expenses / Funds RaisedTo be extracted
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 120.5
First Day OpenHK$ 142.8
First Day Change26.05%
First Day Volume3230450.0
First Day Turnover484091000.0
Use of Proceeds
Use of Proceeds1、約60.0%（或354.2百萬港元）將用于在未來五年持續提升公司的研發能力，以進一步改進公司機器人智能體技術，并提高公司產品及服務的通用性及適應性； 2、約30.0%（或176.8百萬港元）預期將用于在未來五年提高公司在中國境內外的商業化能力； 3、約10.0%（或59.0百萬港元）用作營運資金及其他一般公司用途。
Underwriting Syndicate
Joint Sponsors (2)
中信证券（香港）有限公司 CE AAK249 建银国际金融有限公司 CE AJO225
Sponsor cum Overall Coordinator (2)
中信里昂证券有限公司 CE AAB893 建银国际金融有限公司 CE AJO225
Overall Coordinators (3)
中信里昂证券有限公司 CE AAB893 建银国际金融有限公司 CE AJO225 国证国际证券（香港）有限公司 CE AUW685
Joint Global Coordinators (3)
中信里昂证券有限公司 CE AAB893 建银国际金融有限公司 CE AJO225 国证国际证券（香港）有限公司 CE AUW685
Joint Bookrunners (8)
中信里昂证券有限公司 CE AAB893 建银国际金融有限公司 CE AJO225 国证国际证券（香港）有限公司 CE AUW685 中湾国际证券有限公司 CE BTW258 富途证券国际（香港）有限公司 CE AZT137 富泽证券（国际）有限公司 CE AEU761 浦银国际融资有限公司 CE BFZ375 老虎证券（香港）环球有限公司 CE BMU940
Joint Lead Managers (8)
中信里昂证券有限公司 CE AAB893 建银国际金融有限公司 CE AJO225 国证国际证券（香港）有限公司 CE AUW685 中湾国际证券有限公司 CE BTW258 富途证券国际（香港）有限公司 CE AZT137 富泽证券（国际）有限公司 CE AEU761 浦银国际融资有限公司 CE BFZ375 老虎证券（香港）环球有限公司 CE BMU940
Capital Market Intermediaries (8)
中信里昂证券有限公司 CE AAB893 建银国际金融有限公司 CE AJO225 国证国际证券（香港）有限公司 CE AUW685 中湾国际证券有限公司 CE BTW258 富途证券国际（香港）有限公司 CE AZT137 富泽证券（国际）有限公司 CE AEU761 浦银国际融资有限公司 CE BFZ375 老虎证券（香港）环球有限公司 CE BMU940
Service Providers
RoleInstitution
Legal Advisor to Company 天元律师事务所（有限法律责任合伙）
海问律师事务所
Legal Advisor to Sponsors/Underwriters 史密夫斐尔律师事务所
竞天公诚律师事务所
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 浦银国际融资有限公司 CE BFZ375
Receiving Banks 招商永隆银行有限公司
Cornerstone Investors
This stock has no cornerstone investors.
Directors & Management
Chairman支濤
Company SecretaryMs. Liu Ying
執行董事 (3)
#NameEnglish NameType
1 支涛 — 執行董事
2 胡泉 — 執行董事
3 李全印 — 執行董事
非執行董事 (2)
#NameEnglish NameType
1 吴明辉 — 非執行董事
2 马红 — 非執行董事
獨立非執行董事 (6)
#NameEnglish NameType
1 张立华 — 獨立非執行董事
2 黎勇越 — 獨立非執行董事
3 汪方军 — 獨立非執行董事
4 艾寳书 — 獨立非執行董事
5 俞俊杰 — 獨立非執行董事
6 薛金龙 — 獨立非執行董事
Major Shareholders
Major Shareholders & HoldingsSUBSTANTIAL SHAREHOLDERS So far as our Directors are aware, immediately following the completion of the Global Offering (assuming no exercise of the Over-allotment Option), the following persons will have or be deemed or taken to have an interest and/or short positions in t
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 云迹 (02670) drew extreme market enthusiasm with an oversubscription ratio of 5657.2x, compressing the overall hit rate to just 9.54%. This overwhelming demand signals robust retail appetite for 18C specialist tech listings, despite a flat offer price of 95.6 HKD with no disclosed range premium. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

A sharp allocation inefficiency emerges at the A/B tier boundary: 甲尾 applicants with 50,000 lots expect only 0.1977 lots, while 乙头 applicants with 60,000 lots expect 0.8401 lots, giving the latter a disproportionately higher chance of receiving shares. This gap underscores the skewed odds inherent in Hong Kong’s tiered allocation model, though actual cost-effectiveness depends on broker-specific margin interest and fee structures. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Mainland China participants dominated the applicant pool at 61.7%, highlighting strong cross-border interest in this Hong Kong-listed robotics technology firm. The investor base skews male (63.2%) with an average age of 43.3, consistent with typical tech IPO demographics but signaling limited younger or female engagement. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

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