IPO Timeline
Broker Results (T-2)
2023-09-26
Some brokers release in afternoon
Grey Market (T-1)
2023-09-27
Afternoon
HKEX Allotment (T-1)
2023-09-27
Evening
Registrar Allotment (T-1)
2023-09-27
Evening
Listing Day (T)
2023-09-28
First day of trading
Company Overview
| Stock Name | 第四范式 |
|---|---|
| Stock Code | 06682 |
| Company Full Name | 第四范式 |
| Industry | 軟件服務 |
| Principal Activities | 公司是企業人工智能的領導者。公司提供以平臺為中心的人工智能解決方案，使企業實現人工智能快速規模化轉型落地，發掘數據隱含規律并全面提升企業的決策能力。 |
| Listing Date | 2023-09-28 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國北京市海淀區小營西路10號院1號樓和盈中心A座3層302室 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | http://www.4paradigm.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 Listing | No data |
Offering Information
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 55.60 / shares |
| Offer Price Range | To be extracted |
| Lot Size | To be extracted |
| Entry Threshold | To be extracted |
| Par Value | To be extracted |
| Offer Period | To be extracted |
| Global Offering Shares | To 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 Ratio | To be extracted |
| Total Shares Post-IPO | To be extracted |
| Greenshoe (Over-allotment Option) | To be confirmed |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 73.8% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 102,281,760 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 100 | HK$ 5,560 |
| 2 lots | 200 | HK$ 11,120 |
| 3 lots | 300 | HK$ 16,680 |
| 4 lots | 400 | HK$ 22,240 |
| 5 lots | 500 | HK$ 27,800 |
| 6 lots | 600 | HK$ 33,360 |
| 7 lots | 700 | HK$ 38,920 |
| 8 lots | 800 | HK$ 44,480 |
| 9 lots | 900 | HK$ 50,040 |
| 10 lots | 1,000 | HK$ 55,600 |
| 15 lots | 1,500 | HK$ 83,400 |
| 20 lots | 2,000 | HK$ 111,200 |
| 25 lots | 2,500 | HK$ 139,000 |
| 30 lots | 3,000 | HK$ 166,800 |
| 35 lots | 3,500 | HK$ 194,600 |
| 40 lots | 4,000 | HK$ 222,400 |
| 45 lots | 4,500 | HK$ 250,200 |
| 50 lots | 5,000 | HK$ 278,000 |
| 60 lots | 6,000 | HK$ 333,600 |
| 70 lots | 7,000 | HK$ 389,200 |
| 80 lots | 8,000 | HK$ 444,800 |
| 90 lots | 9,000 | HK$ 500,400 |
| 100 lots | 10,000 | HK$ 556,000 |
| 200 lots | 20,000 | HK$ 1,112,000 |
| 300 lots | 30,000 | HK$ 1,668,000 |
| 400 lots | 40,000 | HK$ 2,224,000 |
| 500 lots | 50,000 | HK$ 2,780,000 |
| 600 lots | 60,000 | HK$ 3,336,000 |
| 700 lots | 70,000 | HK$ 3,892,000 |
| 800 lots | 80,000 | HK$ 4,448,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 900 lots | 90,000 | HK$ 5,004,000 |
| 1,000 lots | 100,000 | HK$ 5,560,000 |
| 2,000 lots | 200,000 | HK$ 11,120,000 |
| 3,000 lots | 300,000 | HK$ 16,680,000 |
| 4,000 lots | 400,000 | HK$ 22,240,000 |
| 9,198 lots | 919,800 | HK$ 51,140,880 |
Valuation & Financials
| Market Cap (at Offer Price) | To be extracted |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | To be extracted |
| Profit/Loss Status | To be extracted |
| Period-End Cash Balance | To be extracted |
| Listing Expenses | To be extracted |
| Listing Expenses / Funds Raised | To be extracted |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | HK$ 58.5 |
|---|---|
| First Day Open | HK$ 63.1 |
| First Day Change | 5.22% |
| First Day Volume | 1745800.0 |
| First Day Turnover | 103714000.0 |
Use of Proceeds
| Use of Proceeds | 1、約60%（或501.3百萬港元）將在未來三年分配至加強基礎研究、技術能力和解決方案開發； 2、約20%（或167.1百萬港元）將分配至擴展產品、建立品牌及進入新的行業領域； 3、約10%（或83.6百萬港元）將在未來三年分配至尋求戰略投資和收購機會， 從而實施長期增長戰略，以開發解決方案并擴展及滲透所覆蓋的垂直行業； 4、約10%（或83.6百萬港元）將用作一般企業用途。 |
|---|
Underwriting Syndicate
Sole Sponsor (1)
中国国际金融香港证券有限公司 CE AEN894
Overall Coordinators (4)
中国国际金融香港证券有限公司 CE AEN894
建银国际金融有限公司 CE AJO225
招银国际融资有限公司 CE AVM940
招商证券（香港）有限公司 CE AAI650
Joint Bookrunners (16)
中国国际金融香港证券有限公司 CE AEN894
建银国际金融有限公司 CE AJO225
招银国际融资有限公司 CE AVM940
招商证券（香港）有限公司 CE AAI650
华泰金融控股（香港）有限公司 CE AOK809
工银国际证券有限公司 CE ARO299
中银国际亚洲有限公司 CE AET863
农银国际证券有限公司 CE ACX411
交银国际证券有限公司 CE APJ121
光银国际资本有限公司 CE BGH296
中国光大证券（香港）有限公司 CE AAW536
中州国际融资有限公司 CE ABC734
北拓国际证券有限公司 CE ARR717
华升证券（国际）有限公司 CE AFS030
富途证券国际（香港）有限公司 CE AZT137
信银（香港）资本有限公司 CE AEQ982
Joint Lead Managers (10)
中国国际金融香港证券有限公司 CE AEN894
建银国际金融有限公司 CE AJO225
招银国际融资有限公司 CE AVM940
招商证券（香港）有限公司 CE AAI650
东方证券（香港）有限公司 CE AVD362
浦银国际融资有限公司 CE BFZ375
复星国际证券有限公司 CE AAF432
老虎证券（香港）环球有限公司 CE BMU940
华盛资本证券有限公司 CE AUL711
RICHE BRIGHT SECURITIES LIMITED CE APH275
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | Montage Technology Holdings Company Limited | 78,368,200 HKD | — | 7.66% | — | 6 months | 2024-03-28 |
| 2 | 北京中关村科学城科技成长投资合伙企业(有限合伙) | 310,920,760 HKD | — | 30.40% | — | 6 months | 2024-03-28 |
| 3 | 新华资本管理有限公司 | 364,997,320 HKD | — | 35.69% | — | 6 months | 2024-03-28 |
Directors & Management
| Chairman | 戴文淵 |
|---|---|
| Company Secretary | 楊小慧 |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | 戴文淵(22.88%);范式(天津)管理咨詢合伙企業(有限合伙)(13.78%);SCC Venture V-Mars (HK) Limited(6.95%) |
|---|
Subscription Tiers
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