佳鑫国际资源 03858Prospectus Information

Prospectus Information
返回 Stock Info Prospectus Allotment Results Allotment Profile Expected Lots
IPO Timeline
Broker Deadline
2025-08-25
Morning deadline
HKEX Deadline
2025-08-25
Noon deadline
Broker Results (T-2)
2025-08-26
Some brokers release in afternoon
Grey Market (T-1)
2025-08-27
Afternoon
HKEX Allotment (T-1)
2025-08-27
Evening
Registrar Allotment (T-1)
2025-08-27
Evening
Listing Day (T)
2025-08-28
First day of trading
Company Overview
Stock Name佳鑫国际资源
Stock Code03858
Company Full Name佳鑫国际资源
IndustryNew Energy
Principal Activitiesmining company with limited operating history
Listing Date2025-08-28
Listing Rules EraNew Rules (after Aug 2025)
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)香港灣仔港灣道1號會展廣場辦公大樓45樓4501室
Business Address (Hong Kong)香港 灣仔 港灣道1號 會展廣場辦公大樓 45樓4501室
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitejiaxinir.com
Share Registrar卓佳证券登记有限公司 (Tricor Investor Services Limited)
Registrar ContactComputershare Hong Kong Investor
A-Share/US Dual ListingNo
Offering Information
Offering Mechanism Mechanism B
Offer PriceHK$ 10.92 / shares
Offer Price RangeFinal offer price only, no range
Lot Size400 shares
Entry ThresholdHK$ 4,368
Par ValueTo be extracted
Offer Period2025-08-20 to 2025-08-25
Global Offering Shares109,808,800 shares
HK Public Offer Shares (Initial)10,981,200 shares (10.0%)
Public Offer Lots (Initial)27,453lots (13,726lots, 13,727lots)
International Placing Shares (Initial)98,827,600 shares (90.0%)
Offer Ratio~25.0%
Total Shares Post-IPO439,228,800 shares
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)To be extracted
Cornerstone Share0%
Clawback TiersTo be extracted
Reallocation OptionNo
Total Global Offering SizeHK$ 1,199,112,096
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 400 HK$ 4,368
2 lots 800 HK$ 8,736
3 lots 1,200 HK$ 13,104
4 lots 1,600 HK$ 17,472
5 lots 2,000 HK$ 21,840
6 lots 2,400 HK$ 26,208
7 lots 2,800 HK$ 30,576
8 lots 3,200 HK$ 34,944
9 lots 3,600 HK$ 39,312
10 lots 4,000 HK$ 43,680
15 lots 6,000 HK$ 65,520
20 lots 8,000 HK$ 87,360
25 lots 10,000 HK$ 109,200
30 lots 12,000 HK$ 131,040
35 lots 14,000 HK$ 152,880
40 lots 16,000 HK$ 174,720
45 lots 18,000 HK$ 196,560
50 lots 20,000 HK$ 218,400
75 lots 30,000 HK$ 327,600
100 lots 40,000 HK$ 436,800
125 lots 50,000 HK$ 546,000
150 lots 60,000 HK$ 655,200
175 lots 70,000 HK$ 764,400
200 lots 80,000 HK$ 873,600
225 lots 90,000 HK$ 982,800
250 lots 100,000 HK$ 1,092,000
500 lots 200,000 HK$ 2,184,000
750 lots 300,000 HK$ 3,276,000
1,000 lots 400,000 HK$ 4,368,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1,250 lots 500,000 HK$ 5,460,000
1,500 lots 600,000 HK$ 6,552,000
1,750 lots 700,000 HK$ 7,644,000
2,000 lots 800,000 HK$ 8,736,000
2,250 lots 900,000 HK$ 9,828,000
2,500 lots 1,000,000 HK$ 10,920,000
3,750 lots 1,500,000 HK$ 16,380,000
5,000 lots 2,000,000 HK$ 21,840,000
6,250 lots 2,500,000 HK$ 27,300,000
7,500 lots 3,000,000 HK$ 32,760,000
8,750 lots 3,500,000 HK$ 38,220,000
10,000 lots 4,000,000 HK$ 43,680,000
11,250 lots 4,500,000 HK$ 49,140,000
12,500 lots 5,000,000 HK$ 54,600,000
13,726 lots 5,490,400 HK$ 59,955,168
Valuation & Financials
Market Cap (at Offer Price)HK$ 4,796,378,496
Pre-IPO Valuation (Last Round)To be extracted
P/E Ratio不適用（公司處於虧損狀態）
Profit/Loss StatusNet loss RMB94.5 million
Period-End Cash Balance人民币32,700,000元
Listing Expenses~HK$ 111,400,000
Listing Expenses / Funds Raised~9.29%
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 30.34
First Day OpenHK$ 22.8
First Day Change177.84%
First Day Volume54161800.0
First Day Turnover1321970000.0
Use of Proceeds
Use of Proceeds1、約55.0%或598.3百萬港元將用作撥付巴庫塔鎢礦項目開發的資本成本； 2、約10.0%或108.8百萬港元將用作發展仲鎢酸銨(APT)生產能力； 3、約25.0%或271.9百萬港元將用作償還部分以歐元計值的銀行貸款的本金總額及應計利息； 4、約10.0%或108.8百萬港元將分配作營運資金及其他一般公司用途。
Underwriting Syndicate
Sole Sponsor (1)
中国国际金融香港证券有限公司 CE AEN894(sole)
Overall Coordinators (2)
中国国际金融香港证券有限公司 CE AEN894 中国银河国际证券（香港）有限公司 CE AXM459
Joint Global Coordinators (2)
中国国际金融香港证券有限公司 CE AEN894 中国银河国际证券（香港）有限公司 CE AXM459
Joint Bookrunners (7)
中国国际金融香港证券有限公司 CE AEN894 中国银河国际证券（香港）有限公司 CE AXM459 招银国际融资有限公司 CE AVM940 时富证券有限公司 CE AAF532 农银国际融资有限公司 CE AWL249 老虎证券（香港）环球有限公司 CE BMU940 中航资信环球资产管理有限公司 CE BHF812
Joint Lead Managers (8)
中国国际金融香港证券有限公司 CE AEN894 中国银河国际证券（香港）有限公司 CE AXM459 招银国际融资有限公司 CE AVM940 时富证券有限公司 CE AAF532 农银国际证券有限公司 CE ACX411 老虎证券（香港）环球有限公司 CE BMU940 中航资信环球资产管理有限公司 CE BHF812 光源资本（香港）金融有限公司 CE BHX373
Capital Market Intermediaries (9)
中国国际金融香港证券有限公司 CE AEN894 中国银河国际证券（香港）有限公司 CE AXM459 招银国际融资有限公司 CE AVM940 时富证券有限公司 CE AAF532 农银国际融资有限公司 CE AWL249 农银国际证券有限公司 CE ACX411 老虎证券（香港）环球有限公司 CE BMU940 中航资信环球资产管理有限公司 CE BHF812 光源资本（香港）金融有限公司 CE BHX373
Service Providers
RoleInstitution
Legal Advisor to Company 高伟绅律师事务所
环球律师事务所
Egen Gregory LLP
梁浩然律师事务所有限法律责任合伙
Legal Advisor to Sponsors/Underwriters 盛德律师事务所
北京市通商律师事务所
Haller Lomax LLP
Auditor and Reporting Accountant 罗兵咸永道会计师事务所
Industry Advisor 弗若斯特沙利文有限公司
Receiving Banks 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 新加坡鲁银贸易有限公司 — — — — 6 months 2026-02-28
2 广发基金管理有限公司 — — — — 6 months 2026-02-28
3 广发国际资产管理有限公司 — — — — 6 months 2026-02-28
4 管理有限公司 — — — — 6 months 2026-02-28
5 Zhengxin Group Investment Limited — — — — 6 months 2026-02-28
Directors & Management
Chairman劉力強
Company Secretary劉文靜
執行董事 (2)
#NameEnglish NameType
1 汪中伟 — 執行董事
2 邱怀智 — 執行董事
非執行董事 (2)
#NameEnglish NameType
1 查克兵 — 非執行董事
2 连洁 — 非執行董事
獨立非執行董事 (3)
#NameEnglish NameType
1 朱国山 — 獨立非執行董事
2 王剑锋 — 獨立非執行董事
3 黄学斌 — 獨立非執行董事
Major Shareholders
Major Shareholders & HoldingsSUBSTANTIAL SHAREHOLDERS SUBSTANTIAL SHAREHOLDERS So far as our Directors are aware, immediately after completion of the Global Offering, the following persons will have an interest in our Shares or the underlying shares of our Company which will be required to be disclosed
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 佳鑫国际资源 saw extraordinary demand, with an oversubscription ratio of 2,041.62x on the 10% HK public offer. The recorded hit rate of 0.0% (likely due to incomplete allocation data) underscores the near impossibility of securing shares, even amidst a full clawback reallocation. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

A notable tier anomaly exists at the A/B boundary: the 甲尾 (400,000-lot application) is expected to receive 0.7002 lots, slightly more than the 乙头 (500,000-lot application) at 0.6271 lots. This inversion in absolute allocation reveals an inefficient structure where increasing bid size to enter the B-tier barely improves or even reduces allocation, contrary to expected scaling. Broker fee efficiency varies, so actual costs may differ. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Demographic data for total holders, mainland China participation, and Hong Kong percentages are all recorded as zero, likely due to missing source information. Consequently, no meaningful analysis of applicant geography, gender, or age distribution is possible. Data may contain errors or omissions; verify against official HKEX filings. (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.
Offering Structure
Subscription Tiers
IPO Timeline
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