钧达股份 02865Prospectus Information

Prospectus Information
返回 Stock Info Prospectus Allotment Results Allotment Profile Expected Lots
IPO Timeline
Broker Results (T-2)
2025-05-06
Some brokers release in afternoon
Grey Market (T-1)
2025-05-07
Afternoon
HKEX Allotment (T-1)
2025-05-07
Evening
Registrar Allotment (T-1)
2025-05-07
Evening
Listing Day (T)
2025-05-08
First day of trading
Cross-Market Price Comparison
Other Listed Market Shenzhen (SZSE) — 钧达股份
Other Market Stock Code002865
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钧达股份
Stock Code02865
Company Full Name钧达股份
Industry工業制造
Principal Activities公司是領先的專業光伏電池制造商，持續專注于高效光伏電池的研發、生產和銷售，憑借研發創新及關鍵技術，已在N型TOPCon電池及P型PERC電池等不同代主流光伏電池中保持競爭地位。
Listing Date2025-05-08
Listing Rules EraOld Rules
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國海南省海口市南海大道168號海口保稅區海南鈞達大樓
Business Address (Hong Kong)To be extracted
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehttp://www.jietaisolar.com/jietaisolar
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$ 22.15 / 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 Share34.8%
Clawback TiersTo be extracted
Reallocation OptionTo be confirmed
Total Global Offering SizeHK$ 140,504,095
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$ 2,215
2 lots 200 HK$ 4,430
3 lots 300 HK$ 6,645
4 lots 400 HK$ 8,860
5 lots 500 HK$ 11,075
6 lots 600 HK$ 13,290
7 lots 700 HK$ 15,505
8 lots 800 HK$ 17,720
9 lots 900 HK$ 19,935
10 lots 1,000 HK$ 22,150
15 lots 1,500 HK$ 33,225
20 lots 2,000 HK$ 44,300
25 lots 2,500 HK$ 55,375
30 lots 3,000 HK$ 66,450
35 lots 3,500 HK$ 77,525
40 lots 4,000 HK$ 88,600
45 lots 4,500 HK$ 99,675
50 lots 5,000 HK$ 110,750
60 lots 6,000 HK$ 132,900
70 lots 7,000 HK$ 155,050
80 lots 8,000 HK$ 177,200
90 lots 9,000 HK$ 199,350
100 lots 10,000 HK$ 221,500
200 lots 20,000 HK$ 443,000
300 lots 30,000 HK$ 664,500
400 lots 40,000 HK$ 886,000
500 lots 50,000 HK$ 1,107,500
600 lots 60,000 HK$ 1,329,000
700 lots 70,000 HK$ 1,550,500
800 lots 80,000 HK$ 1,772,000
900 lots 90,000 HK$ 1,993,500
1,000 lots 100,000 HK$ 2,215,000
2,000 lots 200,000 HK$ 4,430,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
3,000 lots 300,000 HK$ 6,645,000
4,000 lots 400,000 HK$ 8,860,000
15,000 lots 1,500,000 HK$ 33,225,000
20,000 lots 2,000,000 HK$ 44,300,000
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$ 26.6
First Day OpenHK$ 22.2
First Day Change20.09%
First Day Volume6655000.0
First Day Turnover160785000.0
Use of Proceeds
Use of Proceeds1、約75.0%（約1,075.5百萬港元）將用于興建一個年化產能約為5GW并預期將于2026年開始商業生產的海外光伏電池生產基地； 2、約8.0%（約114.7百萬港元）將用于研發先進技術，以保持在光伏電池及生產工藝方面的技術領先地位； 3、約7.0%（約100.4百萬港元）將用于建立及加強海外銷售業務及分銷渠道； 4、約10.0%（約143.4百萬港元）將用作營運資金及一般公司用途。
Underwriting Syndicate
Joint Sponsors (3)
华泰金融控股（香港）有限公司 CE AOK809 招银国际融资有限公司 CE AVM940 德意志证券亚洲有限公司 CE AAJ984
Overall Coordinators (7)
华泰金融控股（香港）有限公司 CE AOK809 招银国际融资有限公司 CE AVM940 德意志银行香港分行 中信里昂证券有限公司 CE AAB893 中国国际金融香港证券有限公司 CE AEN894 国证国际证券（香港）有限公司 CE AUW685 百惠证券有限公司 CE BPQ161
Joint Bookrunners (15)
华泰金融控股（香港）有限公司 CE AOK809 招银国际融资有限公司 CE AVM940 德意志银行香港分行 中信里昂证券有限公司 CE AAB893 中国国际金融香港证券有限公司 CE AEN894 国证国际证券（香港）有限公司 CE AUW685 百惠证券有限公司 CE BPQ161 GF Securities (Hong Kong) Brokerage Limited CE AOB364 富途证券国际（香港）有限公司 CE AZT137 复星国际证券有限公司 CE AAF432 中银国际亚洲有限公司 CE AET863 建银国际金融有限公司 CE AJO225 工银国际证券有限公司 CE ARO299 富强证券有限公司 CE AHQ488 TradeGo Markets Limited CE BRO637
Joint Lead Managers (18)
华泰金融控股（香港）有限公司 CE AOK809 招银国际融资有限公司 CE AVM940 德意志银行香港分行 中信里昂证券有限公司 CE AAB893 中国国际金融香港证券有限公司 CE AEN894 国证国际证券（香港）有限公司 CE AUW685 百惠证券有限公司 CE BPQ161 GF Securities (Hong Kong) Brokerage Limited CE AOB364 富途证券国际（香港）有限公司 CE AZT137 复星国际证券有限公司 CE AAF432 中银国际亚洲有限公司 CE AET863 建银国际金融有限公司 CE AJO225 工银国际证券有限公司 CE ARO299 富强证券有限公司 CE AHQ488 TradeGo Markets Limited CE BRO637 艾德证券期货有限公司 CE BHT550 星河证券有限公司 CE BJG526 元宇宙（国际）证券有限公司 CE BIL855
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 现代直投新能源科技有限公司 383,106,400 HKD — 27.27% — 6 months 2025-11-08
2 珠海市高景新能源投资有限公司 106,122,865 HKD — 7.55% — 6 months 2025-11-08
Directors & Management
Chairman陸徐楊
Company Secretary鄭彤；余詠詩
No director data available.
Major Shareholders
Major Shareholders & Holdings海南錦迪科技投資有限公司(15.90%),上饒經濟技術開發區產業發展投資有限公司(12.90%)
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 was moderately oversubscribed at 3.5x, reflecting lukewarm market appetite. With a hit rate of 54.51%, successful allocation was relatively easy compared to typical Hong Kong IPOs, suggesting ample supply and limited competition. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

A notable anomaly occurs at the A/B tier boundary: A-tail applicants (100,000 lots) secured an expected 1.0 lot, while B-head applicants (200,000 lots) only received an expected 0.8571 lots, making the larger application less efficient. This unusual allocation likely discouraged larger subscriptions, as it undermines the typical benefit of scaling up. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

The demographic report shows zero participants from both Mainland China and Hong Kong, which is inconsistent with the 9,151 valid applications, indicating incomplete data collection by the registrar. No reliable geographic or gender distribution patterns can be inferred from this dataset. (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.
Subscription Tiers
IPO Timeline
Disclaimer & Risk Warning

Site Nature: This website (cibo.qizai.ai) is an independent technology product showcase platform established by Panda Securities Limited (CE Number: BNC380). This website itself and all content displayed herein do not constitute and are not involved in any regulated activity or licensed service.

Not Investment Advice: The data on this page is automatically extracted from prospectus PDFs by AI and may contain omissions or errors. All information and data on this page are sourced from prospectuses and related historical documents, are not real-time data, and will not be automatically updated, reflecting historical information at the time of prospectus publication. All content is provided solely for AI tool analysis learning exchange and technical reference purposes, and absolutely does not constitute any investment advice, offer to buy or sell, solicitation, recommendation, or guarantee. The output of this AI analysis tool should not be interpreted as investment opinion.

Decision Responsibility: Users should make investment decisions based on their own independent judgment and consult independent licensed financial advisors when needed. Neither the Company nor this AI analysis tool shall bear any responsibility for any investment decisions made by users based on the information on this page.

Separation from Panda Securities Official Website: The content of this website is strictly distinct from the SFC-regulated licensed services provided by Panda Securities' official website (fafa.hk). No securities trading or account opening or other regulated operations can be conducted through this website.

Panda Securities Limited is a licensed corporation regulated by the Hong Kong SFC (CE Number: BNC380) and a Hong Kong Exchange Participant (Participant ID: 02229). Use of this website constitutes acceptance of this disclaimer.

Cibo — IPO & Market Data Analytics