IPO Timeline
Broker Deadline
2026-02-10
Morning deadline
HKEX Deadline
2026-02-10
Noon deadline
Broker Results (T-2)
2026-02-11
Some brokers release in afternoon
Grey Market (T-1)
2026-02-12
Afternoon
HKEX Allotment (T-1)
2026-02-12
Evening
Registrar Allotment (T-1)
2026-02-12
Evening
Listing Day (T)
2026-02-13
First day of trading
Company Overview
| Stock Name | 海致科技集團 |
|---|---|
| Stock Code | 02706 |
| Company Full Name | 海致科技集團 |
| Industry | Robotics |
| Principal Activities | leader in the field of graph computing and graph databases in China |
| Listing Date | 2026-02-13 |
| Listing Rules Era | New Rules (after Aug 2025) |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 北京市 北京經濟技術開發區 科谷一街8號院8號樓 15層1501室 |
| Business Address (Hong Kong) | 香港 中環 康樂廣場一號 怡和大廈四樓 |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | haizhi.com |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | Computershare Hong Kong Investor |
| A-Share/US Dual Listing | No |
Offering Information
| Offering Mechanism | Mechanism B |
|---|---|
| Offer Price | HK$ 27.06 / shares |
| Offer Price Range | Final offer price only, no range |
| Lot Size | 200 shares |
| Entry Threshold | HK$ 5,412 |
| Par Value | RMB 0.1 / shares |
| Offer Period | 2026-02-05 to 2026-02-10 |
| Global Offering Shares | 28,030,200 shares |
| HK Public Offer Shares (Initial) | 2,803,200 shares (10.0%) |
| Public Offer Lots (Initial) | 14,016lots (7,008lots, 7,008lots) |
| International Placing Shares (Initial) | 25,227,000 shares (90.0%) |
| Offer Ratio | ~7.0% |
| Total Shares Post-IPO | 400,430,680 shares |
| Greenshoe (Over-allotment Option) | No |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 0% |
| Clawback Tiers | 机制B-无回补 |
| Reallocation Option | No |
| Total Global Offering Size | HK$ 758,497,212 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 200 | HK$ 5,412 |
| 2 lots | 400 | HK$ 10,824 |
| 3 lots | 600 | HK$ 16,236 |
| 4 lots | 800 | HK$ 21,648 |
| 5 lots | 1,000 | HK$ 27,060 |
| 6 lots | 1,200 | HK$ 32,472 |
| 7 lots | 1,400 | HK$ 37,884 |
| 8 lots | 1,600 | HK$ 43,296 |
| 9 lots | 1,800 | HK$ 48,708 |
| 10 lots | 2,000 | HK$ 54,120 |
| 15 lots | 3,000 | HK$ 81,180 |
| 20 lots | 4,000 | HK$ 108,240 |
| 25 lots | 5,000 | HK$ 135,300 |
| 30 lots | 6,000 | HK$ 162,360 |
| 35 lots | 7,000 | HK$ 189,420 |
| 40 lots | 8,000 | HK$ 216,480 |
| 45 lots | 9,000 | HK$ 243,540 |
| 50 lots | 10,000 | HK$ 270,600 |
| 100 lots | 20,000 | HK$ 541,200 |
| 150 lots | 30,000 | HK$ 811,800 |
| 200 lots | 40,000 | HK$ 1,082,400 |
| 250 lots | 50,000 | HK$ 1,353,000 |
| 300 lots | 60,000 | HK$ 1,623,600 |
| 350 lots | 70,000 | HK$ 1,894,200 |
| 400 lots | 80,000 | HK$ 2,164,800 |
| 450 lots | 90,000 | HK$ 2,435,400 |
| 500 lots | 100,000 | HK$ 2,706,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1,000 lots | 200,000 | HK$ 5,412,000 |
| 1,500 lots | 300,000 | HK$ 8,118,000 |
| 2,000 lots | 400,000 | HK$ 10,824,000 |
| 2,500 lots | 500,000 | HK$ 13,530,000 |
| 3,000 lots | 600,000 | HK$ 16,236,000 |
| 3,500 lots | 700,000 | HK$ 18,942,000 |
| 4,000 lots | 800,000 | HK$ 21,648,000 |
| 4,500 lots | 900,000 | HK$ 24,354,000 |
| 5,000 lots | 1,000,000 | HK$ 27,060,000 |
| 5,500 lots | 1,100,000 | HK$ 29,766,000 |
| 6,000 lots | 1,200,000 | HK$ 32,472,000 |
| 6,500 lots | 1,300,000 | HK$ 35,178,000 |
| 7,008 lots | 1,401,600 | HK$ 37,927,296 |
Valuation & Financials
| Market Cap (at Offer Price) | HK$ 10,835,654,200 |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | 不適用（公司處於虧損狀態） |
| Profit/Loss Status | 虧損人民幣93.7百萬元（2024年） |
| Period-End Cash Balance | 人民币81,400,000元 |
| Listing Expenses | ~HK$ 102,800,000 |
| Listing Expenses / Funds Raised | ~13.55% |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | HK$ 92.6 |
|---|---|
| First Day Open | HK$ 82.3 |
| First Day Change | 242.20% |
| First Day Volume | 9807070.0 |
| First Day Turnover | 863449000.0 |
Use of Proceeds
| Use of Proceeds | 1、約45.0%（或291.8百萬港元）將用于研發以強化圖模融合技術； 2、約20.0%（或129.7百萬港元）將用于優化Atlas智能體； 3、約15.0%（或97.3百萬港元）將用于深化與客戶的合作，探索新應用場景以及拓展香港及新加坡市場； 4、約10.0%（或64.8百萬港元）將用于戰略投資、合并及收購； 5、約10.0%（或64.8百萬港元）將用于營運資金及一般公司用途。 |
|---|
Underwriting Syndicate
Joint Sponsors (3)
招银国际融资有限公司 CE AVM940
中银国际亚洲有限公司 CE AET863
申万宏源融资（香港）有限公司 CE ABC209
Sponsor cum Overall Coordinator (1)
招银国际融资有限公司 CE AVM940
Overall Coordinators (3)
招银国际融资有限公司 CE AVM940
中银国际亚洲有限公司 CE AET863
申万宏源证券（香港）有限公司 CE AAC927
Joint Global Coordinators (3)
招银国际融资有限公司 CE AVM940
中银国际亚洲有限公司 CE AET863
申万宏源证券（香港）有限公司 CE AAC927
Joint Bookrunners (11)
招银国际融资有限公司 CE AVM940
中银国际亚洲有限公司 CE AET863
申万宏源证券（香港）有限公司 CE AAC927
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
农银国际融资有限公司 CE AWL249
富德证券有限公司 CE BHT984
华福国际证券有限公司 CE BQC241
利弗莫尔证券有限公司 CE BJN764
TradeGo Markets Limited CE BRO637
艾德证券期货有限公司 CE BHT550
Joint Lead Managers (11)
招银国际融资有限公司 CE AVM940
中银国际亚洲有限公司 CE AET863
申万宏源证券（香港）有限公司 CE AAC927
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
农银国际证券有限公司 CE ACX411
富德证券有限公司 CE BHT984
华福国际证券有限公司 CE BQC241
利弗莫尔证券有限公司 CE BJN764
TradeGo Markets Limited CE BRO637
艾德证券期货有限公司 CE BHT550
Capital Market Intermediaries (12)
招银国际融资有限公司 CE AVM940
中银国际亚洲有限公司 CE AET863
申万宏源证券（香港）有限公司 CE AAC927
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
农银国际融资有限公司 CE AWL249
农银国际证券有限公司 CE ACX411
富德证券有限公司 CE BHT984
华福国际证券有限公司 CE BQC241
利弗莫尔证券有限公司 CE BJN764
TradeGo Markets Limited CE BRO637
艾德证券期货有限公司 CE BHT550
Service Providers
| Role | Institution |
|---|---|
| Legal Advisor to Company |
中伦律师事务所有限法律责任合伙 北京市中伦律师事务所 金杜律师事务所 |
| Legal Advisor to Sponsors/Underwriters |
高伟绅律师行 世辉律师事务所 |
| 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 |
| Receiving Banks | 中国建设银行（亚洲）股份有限公司 |
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | Mega Prime Development Limited | — | — | — | — | 6 months | 2026-08-13 |
Directors & Management
| Chairman | Mr. Ren Xuyang |
|---|---|
| Company Secretary | Mr. Miao Zheng |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | SUBSTANTIAL SHAREHOLDERS SUBSTANTIAL SHAREHOLDERS So far as our Directors are aware, immediately following the completion of the Global Offering and without taking into account any Shares to be issued under the Pre-IPO Share Option Scheme, the following persons will have in |
|---|
AI
AI Analysis
Market Sentiment
The IPO drew an extraordinary 5065x oversubscription ratio, underscoring intense retail enthusiasm typical of hot artificial intelligence listings. With a hit rate of just 6.03% and a mechanism B no-clawback structure keeping the HK public offer pool at 10%, competition for allocations was exceptionally fierce. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
Tier distribution data is unavailable for this IPO, preventing analysis of anomalies like 甲尾 to 乙头 efficiency or winner ratios across tiers. Without lot size or tier-specific subscription metrics, no comparisons of broker fee efficiency can be made. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographics
Demographic data is missing for this IPO, with total holders, mainland China participation, and regional distribution all unrecorded. Consequently, no insights into applicant geography or gender trends can be provided. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Offering Structure
Subscription Tiers
IPO Timeline
