IPO Timeline
Broker Deadline
2026-07-06
Morning deadline
HKEX Deadline
2026-07-06
Noon deadline
Broker Results (T-2)
2026-07-07
Some brokers release in afternoon
Grey Market (T-1)
2026-07-08
Afternoon
HKEX Allotment (T-1)
2026-07-08
Evening
Registrar Allotment (T-1)
2026-07-08
Evening
Listing Day (T)
2026-07-09
First day of trading
Company Overview
| Stock Name | 齊雲山食品 |
|---|---|
| Stock Code | 02797 |
| Company Full Name | 齊雲山食品 |
| Industry | 消费零售 |
| Principal Activities | 我們為中國的一家主要銷售南酸棗食品產品的果類零食公司。 |
| Listing Date | 2026-07-09 |
| Listing Rules Era | |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國江西省贛州市崇義縣橫水鎮牛角河 |
| Business Address (Hong Kong) | 香港灣仔港灣道6-8號瑞安中心27樓2703室 |
| Place of Incorporation | 中國 |
| Listing Method | 全球發售 |
| Listing Board | Main Board |
| Website | qiyunshan.cc |
| Share Registrar | 聯合證券登記有限公司 |
| Registrar Contact | To be extracted |
| A-Share/US Dual Listing | No |
Offering Information
| Offering Mechanism | Mechanism B |
|---|---|
| Offer Price | To be extracted |
| Offer Price Range | HK$ 5.00 - 8.00 |
| Lot Size | 500 shares |
| Entry Threshold | HK$ 4,000 |
| Par Value | RMB 1.0 / shares |
| Offer Period | 2026-06-30 to 2026-07-06 |
| Global Offering Shares | 25,000,000 shares |
| HK Public Offer Shares (Initial) | 2,500,000 shares (10.0%) |
| Public Offer Lots (Initial) | 5,000lots (2,500lots, 2,500lots) |
| International Placing Shares (Initial) | 22,500,000 shares (90.0%) |
| Offer Ratio | ~10.0% |
| Total Shares Post-IPO | 100,000,000 shares |
| Greenshoe (Over-allotment Option) | Yes |
| Stabilizing Manager (Greenshoe) | 中泰国际证券有限公司 CE BAA855 |
| Cornerstone Share | 0% |
| Clawback Tiers | To be extracted |
| Reallocation Option | Yes |
| Total Global Offering Size | HK$ 200,000,000 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 500 | HK$ 4,000 |
| 2 lots | 1,000 | HK$ 8,000 |
| 3 lots | 1,500 | HK$ 12,000 |
| 4 lots | 2,000 | HK$ 16,000 |
| 5 lots | 2,500 | HK$ 20,000 |
| 6 lots | 3,000 | HK$ 24,000 |
| 7 lots | 3,500 | HK$ 28,000 |
| 8 lots | 4,000 | HK$ 32,000 |
| 9 lots | 4,500 | HK$ 36,000 |
| 10 lots | 5,000 | HK$ 40,000 |
| 15 lots | 7,500 | HK$ 60,000 |
| 20 lots | 10,000 | HK$ 80,000 |
| 25 lots | 12,500 | HK$ 100,000 |
| 30 lots | 15,000 | HK$ 120,000 |
| 35 lots | 17,500 | HK$ 140,000 |
| 40 lots | 20,000 | HK$ 160,000 |
| 45 lots | 22,500 | HK$ 180,000 |
| 50 lots | 25,000 | HK$ 200,000 |
| 60 lots | 30,000 | HK$ 240,000 |
| 70 lots | 35,000 | HK$ 280,000 |
| 80 lots | 40,000 | HK$ 320,000 |
| 90 lots | 45,000 | HK$ 360,000 |
| 100 lots | 50,000 | HK$ 400,000 |
| 200 lots | 100,000 | HK$ 800,000 |
| 300 lots | 150,000 | HK$ 1,200,000 |
| 400 lots | 200,000 | HK$ 1,600,000 |
| 500 lots | 250,000 | HK$ 2,000,000 |
| 600 lots | 300,000 | HK$ 2,400,000 |
| 700 lots | 350,000 | HK$ 2,800,000 |
| 800 lots | 400,000 | HK$ 3,200,000 |
| 900 lots | 450,000 | HK$ 3,600,000 |
| 1,000 lots | 500,000 | HK$ 4,000,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1,500 lots | 750,000 | HK$ 6,000,000 |
| 2,000 lots | 1,000,000 | HK$ 8,000,000 |
| 2,500 lots | 1,250,000 | HK$ 10,000,000 |
Valuation & Financials
| Market Cap (at Offer Price) | HK$ 500,000,000 - 800,000,000 |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | To be extracted |
| Profit/Loss Status | 盈利约人民币48.9百万元 |
| Period-End Cash Balance | 人民币115.0百万元 |
| Listing Expenses | ~HK$ 33 |
| Listing Expenses / Funds Raised | To be extracted |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | Loading... |
|---|
Use of Proceeds
| Use of Proceeds | 约36.3%用于扩大产能及储存容量，约18.3%用于提升研发能力，约13.9%用于线上营销及推广，约27.0%用于拓展销售网络，约4.5%用于一般营运资金。 |
|---|
Underwriting Syndicate
Sole Sponsor (1)
中泰国际融资有限公司 CE BBY334(sole)
Overall Coordinators (1)
中泰国际证券有限公司 CE BAA855(sole)
Joint Global Coordinators (1)
中泰国际证券有限公司 CE BAA855(sole)
Joint Bookrunners (16)
中泰国际证券有限公司 CE BAA855(sole)
建银国际金融有限公司 CE AJO225
农银国际融资有限公司 CE AWL249
浦银国际融资有限公司 CE BFZ375
民银证券有限公司 CE APU820
申万宏源证券（香港）有限公司 CE AAC927
平安证券（香港）有限公司
山证国际证券有限公司 CE BEM330
胜利证券有限公司 CE ABN091
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
南华证券投资有限公司 CE AAA874
结好证券有限公司 CE AAA847
元宇宙（国际）证券有限公司 CE BIL855
艾德证券期货有限公司 CE BHT550
第一上海证券有限公司 CE ABV488
Joint Lead Managers (16)
中泰国际证券有限公司 CE BAA855(sole)
建银国际金融有限公司 CE AJO225
农银国际证券有限公司 CE ACX411
浦银国际融资有限公司 CE BFZ375
民银证券有限公司 CE APU820
申万宏源证券（香港）有限公司 CE AAC927
平安证券（香港）有限公司
山证国际证券有限公司 CE BEM330
胜利证券有限公司 CE ABN091
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
南华证券投资有限公司 CE AAA874
结好证券有限公司 CE AAA847
元宇宙（国际）证券有限公司 CE BIL855
艾德证券期货有限公司 CE BHT550
第一上海证券有限公司 CE ABV488
Capital Market Intermediaries (2)
中泰国际证券有限公司 CE BAA855(sole)
建银国际金融有限公司 CE AJO225
Service Providers
| Role | Institution |
|---|---|
| Legal Advisor to Company |
金杜律师事务所 北京市金杜（广州）律师事务所 |
| Legal Advisor to Sponsors/Underwriters |
何韦律师行 北京市君合律师事务所 |
| Auditor and Reporting Accountant | 安永会计师事务所 |
| Industry Advisor | 灼识行业咨询有限公司 |
| Receiving Banks | 中国银行（香港）有限公司 |
| Stabilizing Manager | 中泰国际证券有限公司 CE BAA855 |
Cornerstone Investors
This stock has no cornerstone investors.
Directors & Management
| Chairman | 劉志高 |
|---|---|
| Company Secretary | 羅翔鑫、姚倩宜 |
執行董事 (6)
| # | Name | English Name | Type |
|---|---|---|---|
| 1 | 劉志高 | — | 執行董事 |
| 2 | 朱方永 | — | 執行董事 |
| 3 | 劉繼延 | — | 執行董事 |
| 4 | 楊玉蘭 | — | 執行董事 |
| 5 | 黃忠明 | — | 執行董事 |
| 6 | 凌華山 | — | 執行董事 |
獨立非執行董事 (3)
| # | Name | English Name | Type |
|---|---|---|---|
| 1 | 黃梓麟 | — | 獨立非執行董事 |
| 2 | 戴濤濤 | — | 獨立非執行董事 |
| 3 | 王世雄 | — | 獨立非執行董事 |
Major Shareholders
| Major Shareholders & Holdings | 控股股东为崇義食品廠（56.25%）、雲之上有限合夥（18.75%）及核心管理層股東（一致行动人），合计控制75%非上市股份。 |
|---|
Offering Structure
Subscription Tiers
IPO Timeline
