海天味业 03288Prospectus Information

Prospectus Information
返回 Stock Info Prospectus Allotment Results Allotment Profile Expected Lots
IPO Timeline
Broker Results (T-2)
2025-06-17
Some brokers release in afternoon
Grey Market (T-1)
2025-06-18
Afternoon
HKEX Allotment (T-1)
2025-06-18
Evening
Registrar Allotment (T-1)
2025-06-18
Evening
Listing Day (T)
2025-06-19
First day of trading
Cross-Market Price Comparison
Other Listed Market Shanghai (SSE) — 海天味业
Other Market Stock Code603288
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海天味业
Stock Code03288
Company Full Name海天味业
Industry食品飲料
Principal Activities公司是有著悠久歷史傳承的中國調味品龍頭企業，致力于提供優質產品以服務家常烹飪及用餐體驗的調味需求。
Listing Date2025-06-19
Listing Rules EraOld Rules
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國廣東省佛山市文沙路16號
Business Address (Hong Kong)To be extracted
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehttps://www.haitian-food.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 ListingNo data
Offering Information
Offering Mechanism To be extracted
Offer PriceHK$ 36.30 / 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 Share46.1%
Clawback TiersTo be extracted
Reallocation OptionTo be confirmed
Total Global Offering SizeHK$ 2,006,660,370
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$ 3,630
2 lots 200 HK$ 7,260
3 lots 300 HK$ 10,890
4 lots 400 HK$ 14,520
5 lots 500 HK$ 18,150
6 lots 600 HK$ 21,780
7 lots 700 HK$ 25,410
8 lots 800 HK$ 29,040
9 lots 900 HK$ 32,670
10 lots 1,000 HK$ 36,300
15 lots 1,500 HK$ 54,450
20 lots 2,000 HK$ 72,600
25 lots 2,500 HK$ 90,750
30 lots 3,000 HK$ 108,900
35 lots 3,500 HK$ 127,050
40 lots 4,000 HK$ 145,200
45 lots 4,500 HK$ 163,350
50 lots 5,000 HK$ 181,500
60 lots 6,000 HK$ 217,800
70 lots 7,000 HK$ 254,100
80 lots 8,000 HK$ 290,400
90 lots 9,000 HK$ 326,700
100 lots 10,000 HK$ 363,000
200 lots 20,000 HK$ 726,000
300 lots 30,000 HK$ 1,089,000
400 lots 40,000 HK$ 1,452,000
500 lots 50,000 HK$ 1,815,000
600 lots 60,000 HK$ 2,178,000
700 lots 70,000 HK$ 2,541,000
800 lots 80,000 HK$ 2,904,000
900 lots 90,000 HK$ 3,267,000
1,000 lots 100,000 HK$ 3,630,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
2,000 lots 200,000 HK$ 7,260,000
3,000 lots 300,000 HK$ 10,890,000
4,000 lots 400,000 HK$ 14,520,000
5,000 lots 500,000 HK$ 18,150,000
6,000 lots 600,000 HK$ 21,780,000
7,000 lots 700,000 HK$ 25,410,000
8,000 lots 800,000 HK$ 29,040,000
9,000 lots 900,000 HK$ 32,670,000
10,000 lots 1,000,000 HK$ 36,300,000
20,000 lots 2,000,000 HK$ 72,600,000
30,000 lots 3,000,000 HK$ 108,900,000
40,000 lots 4,000,000 HK$ 145,200,000
50,000 lots 5,000,000 HK$ 181,500,000
60,000 lots 6,000,000 HK$ 217,800,000
70,000 lots 7,000,000 HK$ 254,100,000
78,971 lots 7,897,100 HK$ 286,664,730
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$ 36.5
First Day OpenHK$ 37.5
First Day Change0.55%
First Day Volume77249000.0
First Day Turnover2884540000.0
Use of Proceeds
Use of Proceeds1、約20.0%或約1,854.2百萬港元將用于產品開發以及前沿技術的研發和工藝升級； 2、約30.0%或約2,781.4百萬港元將用于產能擴張、采納新技術及供應鏈的數字化升級； 3、約20.0%或約1,854.2百萬港元將用于通過建立全球品牌形象、拓展銷售渠道以及提升海外供應鏈能力，以提升全球影響力； 4、約20.0%或約1,854.2百萬港元將用于增強銷售網絡及提升其滲透能力； 5、約10.0%或約927.1百萬港元將用作營運資金及一般企業用途。
Underwriting Syndicate
Joint Sponsors (3)
中国国际金融香港证券有限公司 CE AEN894 高盛（亚洲）有限责任公司 CE ACC536 摩根士丹利亚洲有限公司 CE AAD291
Overall Coordinators (3)
中国国际金融香港证券有限公司 CE AEN894 高盛（亚洲）有限责任公司 CE ACC536 摩根士丹利亚洲有限公司 CE AAD291
Joint Bookrunners (15)
中国国际金融香港证券有限公司 CE AEN894 高盛（亚洲）有限责任公司 CE ACC536 摩根士丹利亚洲有限公司 CE AAD291 中银国际亚洲有限公司 CE AET863 工银国际证券有限公司 CE ARO299 交银国际证券有限公司 CE APJ121 招银国际融资有限公司 CE AVM940 农银国际证券有限公司 CE ACX411 建银国际金融有限公司 CE AJO225 香港上海汇丰银行有限公司 华泰金融控股（香港）有限公司 CE AOK809 中信里昂证券有限公司 CE AAB893 富途证券国际（香港）有限公司 CE AZT137 GF Securities (Hong Kong) Brokerage Limited CE AOB364 中国银河国际证券（香港）有限公司 CE AXM459
Joint Lead Managers (15)
中国国际金融香港证券有限公司 CE AEN894 高盛（亚洲）有限责任公司 CE ACC536 摩根士丹利亚洲有限公司 CE AAD291 中银国际亚洲有限公司 CE AET863 工银国际证券有限公司 CE ARO299 交银国际证券有限公司 CE APJ121 招银国际融资有限公司 CE AVM940 农银国际证券有限公司 CE ACX411 建银国际金融有限公司 CE AJO225 香港上海汇丰银行有限公司 华泰金融控股（香港）有限公司 CE AOK809 中信里昂证券有限公司 CE AAB893 富途证券国际（香港）有限公司 CE AZT137 GF Securities (Hong Kong) Brokerage Limited CE AOB364 中国银河国际证券（香港）有限公司 CE AXM459
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 CPE Funds 392,221,500 HKD — 3.87% — 6 months 2025-12-19
2 GIC Private Limited 470,669,430 HKD — 4.65% — 6 months 2025-12-19
3 Hillhouse Funds 2,745,572,280 HKD — 27.11% — 6 months 2025-12-19
4 HSG Growth VII Holdco, Ltd. 117,666,450 HKD — 1.16% — 6 months 2025-12-19
5 RBC Global Asset Management (Asia) Limited 392,221,500 HKD — 3.87% — 6 months 2025-12-19
6 Supercluster Universe Limited 235,332,900 HKD — 2.32% — 6 months 2025-12-19
7 UBS Asset Management (Singapore) Ltd. 235,332,900 HKD — 2.32% — 6 months 2025-12-19
8 佛山发展有限公司 78,444,300 HKD — 0.77% — 6 months 2025-12-19
Directors & Management
Chairman程雪
Company Secretary柯瑩,張瀟
No director data available.
Major Shareholders
Major Shareholders & Holdings海天集團股份有限公司(55.72%),龐康(9.15%)
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 海天味业 (03288) attracted massive interest with an oversubscription ratio of 918.15 times, signaling very strong market enthusiasm. The overall hit rate stood at 45.33%, meaning roughly fewer than half of applicants secured shares. The offer price was fixed at HK$36.3 per share, and the high demand likely supported pricing at this level. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

At the top of the A-tier (甲尾), an application of 100,000 lots received an expected allocation of only 0.6835 lots, while the B-tier head (乙头) with 200,000 lots received exactly 1 lot. This implies marginal inefficiency for A-tail investors, who might achieve a more reliable allocation by moving to B-head despite higher capital requirements. Broker fee structures vary, and actual costs may differ when comparing tier efficiency. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Mainland Chinese investors accounted for 73.5% of successful applicants, reflecting strong cross-border interest in this well-known consumer brand. Male participants dominated at 62.2%, while the average investor age was 40.5 years. The demographic distribution suggests a mature, mainland-driven base. (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
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