大族數控 03200Prospectus Information

Prospectus Information
IPO Timeline
Broker Deadline
2026-02-03
Morning deadline
HKEX Deadline
2026-02-03
Noon deadline
Broker Results (T-2)
2026-02-04
Some brokers release in afternoon
Grey Market (T-1)
2026-02-05
Afternoon
HKEX Allotment (T-1)
2026-02-05
Evening
Registrar Allotment (T-1)
2026-02-05
Evening
Listing Day (T)
2026-02-06
First day of trading
Cross-Market Price Comparison
Other Listed Market Shenzhen (SZSE) — 大族数控
Other Market Stock Code301200
H-Share Offer PriceHK$ 95.80
Other Market PriceLoading...
Reference Exchange RateLoading...
H-Share Offer Price Premium/Discount vs Other MarketLoading...
Company Overview
Stock Name大族數控
Stock Code03200
Company Full Name大族數控
IndustryRobotics
Principal Activitiesleading specialized PCB production equipment solution provider in China
Listing Date2026-02-06
Listing Rules EraNew Rules (after Aug 2025)
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)Headquarter and Principal Place of No. 101 of Building 3, 1-2/F, 4/F and 7/F of Business in the PRC Building 3, and 1/F and 4/F of Building 4 Han’s Laser Intelligence Manufacturing Center 12 Chongqing
Business Address (Hong Kong)香港銅鑼灣希慎道33號利園一期19樓1916室
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehanscnc.com
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 ListingYes (A股)
Offering Information
Offering Mechanism Mechanism B
Offer PriceHK$ 95.80 / shares
Offer Price RangeFinal offer price only, no range
Lot Size100 shares
Entry ThresholdHK$ 9,580
Par ValueRMB 1.0 / shares
Offer Period2026-01-29 to 2026-02-03
Global Offering Shares50,451,800 shares
HK Public Offer Shares (Initial)5,045,200 shares (10.0%)
Public Offer Lots (Initial)50,452lots (25,226lots, 25,226lots)
International Placing Shares (Initial)45,406,600 shares (90.0%)
Offer Ratio~10.6%
Total Shares Post-IPO475,960,952 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$ 4,833,282,440
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$ 9,580
2 lots 200 HK$ 19,160
3 lots 300 HK$ 28,740
4 lots 400 HK$ 38,320
5 lots 500 HK$ 47,900
6 lots 600 HK$ 57,480
7 lots 700 HK$ 67,060
8 lots 800 HK$ 76,640
9 lots 900 HK$ 86,220
10 lots 1,000 HK$ 95,800
15 lots 1,500 HK$ 143,700
20 lots 2,000 HK$ 191,600
25 lots 2,500 HK$ 239,500
30 lots 3,000 HK$ 287,400
35 lots 3,500 HK$ 335,300
40 lots 4,000 HK$ 383,200
45 lots 4,500 HK$ 431,100
50 lots 5,000 HK$ 479,000
60 lots 6,000 HK$ 574,800
70 lots 7,000 HK$ 670,600
80 lots 8,000 HK$ 766,400
90 lots 9,000 HK$ 862,200
100 lots 10,000 HK$ 958,000
200 lots 20,000 HK$ 1,916,000
300 lots 30,000 HK$ 2,874,000
400 lots 40,000 HK$ 3,832,000
500 lots 50,000 HK$ 4,790,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
600 lots 60,000 HK$ 5,748,000
700 lots 70,000 HK$ 6,706,000
800 lots 80,000 HK$ 7,664,000
900 lots 90,000 HK$ 8,622,000
1,000 lots 100,000 HK$ 9,580,000
2,000 lots 200,000 HK$ 19,160,000
3,000 lots 300,000 HK$ 28,740,000
4,000 lots 400,000 HK$ 38,320,000
5,000 lots 500,000 HK$ 47,900,000
6,000 lots 600,000 HK$ 57,480,000
7,000 lots 700,000 HK$ 67,060,000
8,000 lots 800,000 HK$ 76,640,000
9,000 lots 900,000 HK$ 86,220,000
10,000 lots 1,000,000 HK$ 95,800,000
15,000 lots 1,500,000 HK$ 143,700,000
20,000 lots 2,000,000 HK$ 191,600,000
25,226 lots 2,522,600 HK$ 241,665,080
Valuation & Financials
Market Cap (at Offer Price)HK$ 48,352,865,200
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盈利約人民幣299.6百萬元
Period-End Cash BalanceTo be extracted
Listing Expenses~HK$ 202,600,000
Listing Expenses / Funds Raised~4.2%
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 110.0
First Day OpenHK$ 106.0
First Day Change14.82%
First Day Volume13100700.0
First Day Turnover1458680000.0
Use of Proceeds
Use of Proceeds1、約50.0%的所得款項凈額(或2,315.3百萬港元)將用于提升研發及營運能力; 2、約40.0%的所得款項凈額(或1,852.3百萬港元)將用于提升PCB專用設備產能; 3、約10.0%的所得款項凈額(或463.1百萬港元)將用于營運資金及一般公司用途。
Underwriting Syndicate
Sole Sponsor (1)
中国国际金融香港证券有限公司 CE AEN894(sole)
Sponsor cum Overall Coordinator (1)
中国国际金融香港证券有限公司 CE AEN894(sole)
Overall Coordinators (2)
中国国际金融香港证券有限公司 CE AEN894 德意志银行香港分行
Joint Global Coordinators (5)
中国国际金融香港证券有限公司 CE AEN894 德意志银行香港分行 国金证券(香港)有限公司 CE AAI195 国投证券(香港)有限公司 CE ADS612 农银国际融资有限公司 CE AWL249
Joint Bookrunners (5)
中国国际金融香港证券有限公司 CE AEN894 德意志银行香港分行 国金证券(香港)有限公司 CE AAI195 国投证券(香港)有限公司 CE ADS612 农银国际融资有限公司 CE AWL249
Joint Lead Managers (5)
中国国际金融香港证券有限公司 CE AEN894 德意志银行香港分行 国金证券(香港)有限公司 CE AAI195 国投证券(香港)有限公司 CE ADS612 农银国际证券有限公司 CE ACX411
Capital Market Intermediaries (6)
中国国际金融香港证券有限公司 CE AEN894 德意志银行香港分行 国金证券(香港)有限公司 CE AAI195 国投证券(香港)有限公司 CE ADS612 农银国际融资有限公司 CE AWL249 农银国际证券有限公司 CE ACX411
Service Providers
RoleInstitution
Legal Advisor to Company 高伟绅律师事务所
广东华商律师事务所
Legal Advisor to Sponsors/Underwriters 富而德律师事务所
汉坤律师事务所
Auditor and Reporting Accountant 安永会计师事务所
Industry Advisor 灼识企业管理咨询(上海)有限公司
Receiving Banks 中国银行(香港)有限公司
招商永隆银行有限公司
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 宏兴国际科技有限公司 6 months 2026-08-06
2 工银理财有限责任公司 6 months 2026-08-06
3 韦尔半导体香港有限公司 6 months 2026-08-06
Directors & Management
Chairman楊朝輝
Company Secretary周鴛鴛
No director data available.
Major Shareholders
Major Shareholders & HoldingsSUBSTANTIAL SHAREHOLDERS SUBSTANTIAL SHAREHOLDERS So far as our Directors are aware, as of the Latest Practicable Date and immediately following completion of the Global Offering (assuming the Over-allotment Option is not exercised and no other changes are made to the issue
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 of 大族数控 (03200) saw an overwhelming oversubscription ratio of 446.39x, indicating extreme retail demand. Although the hit rate is reported as 0.0%—likely due to data inconsistency or a placeholder—the high oversubscription suggests fierce competition for allocations. The fixed offer price of HK$95.80 with a per-lot entry threshold of HK$9,580 attracted a massive number of applications (159,985 valid). (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

No tier-specific distribution data (e.g., A组 and B组 breakdowns) is provided, making it impossible to analyze 甲尾/乙头 efficiency or winner ratios. The absence of accepted applications data further clouds any assessment of allocation patterns across tiers. Investors should consult the official prospectus or HKEX filings for detailed tier subscription figures. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

The applicant base is predominantly mainland Chinese (71.4%), with only 28.0% Hong Kong residents, reflecting strong cross-border participation. Males make up 60.5% of holders, while females account for 39.5%, with an average age of 42.1 years. The high mainland ratio and 37,317 total holders suggest a broad retail following, though regional (e.g., Guangdong) breakdown is unavailable. (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
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