IPO Timeline
Broker Deadline
2026-06-25
Morning deadline
HKEX Deadline
2026-06-25
Noon deadline
Broker Results (T-2)
2026-06-26
Some brokers release in afternoon
Grey Market (T-1)
2026-06-29
Afternoon
HKEX Allotment (T-1)
2026-06-29
Evening
Registrar Allotment (T-1)
2026-06-29
Evening
Listing Day (T)
2026-06-30
First day of trading
Company Overview
| Stock Name | 鱘龍科技 |
|---|---|
| Stock Code | 06715 |
| Company Full Name | 鱘龍科技 |
| Industry | Consumer Discretionary |
| Principal Activities | 我們是全球最大的魚子醬企業，覆蓋鱘魚育種與養殖、魚子醬加工、銷售及品牌營銷於一體，旗下品牌「KALUGA QUEEN（卡露伽）」。 |
| Listing Date | 2026-06-30 |
| Listing Rules Era | |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國浙江省杭州市淳安縣千島湖鎮排嶺南路55號2樓 |
| Business Address (Hong Kong) | 香港銅鑼灣希慎道33號利園一期19樓1915室 |
| Place of Incorporation | 中國 |
| Listing Method | 全球發售 |
| Listing Board | Main Board |
| Website | kalugaqueen.com |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | 卓佳证券登记有限公司，香港金钟道89号力宝中心1座31楼3101-3103室 |
| A-Share/US Dual Listing | No |
Offering Information
| Offering Mechanism | Mechanism B |
|---|---|
| Offer Price | HK$ 75.50 / shares |
| Offer Price Range | Final offer price only, no range |
| Lot Size | 100 shares |
| Entry Threshold | HK$ 7,550 |
| Par Value | RMB 1.0 / shares |
| Offer Period | 2026-06-22 to 2026-06-25 |
| Global Offering Shares | 16,332,900 shares |
| HK Public Offer Shares (Initial) | 1,633,300 shares (10.0%) |
| Public Offer Lots (Initial) | 16,333lots (8,166lots, 8,167lots) |
| International Placing Shares (Initial) | 14,699,600 shares (90.0%) |
| Offer Ratio | ~10.0% |
| Total Shares Post-IPO | 108,885,600 shares |
| Greenshoe (Over-allotment Option) | No |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 0% |
| Clawback Tiers | To be extracted |
| Reallocation Option | Yes |
| Total Global Offering Size | HK$ 1,233,133,950 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 100 | HK$ 7,550 |
| 2 lots | 200 | HK$ 15,100 |
| 3 lots | 300 | HK$ 22,650 |
| 4 lots | 400 | HK$ 30,200 |
| 5 lots | 500 | HK$ 37,750 |
| 6 lots | 600 | HK$ 45,300 |
| 7 lots | 700 | HK$ 52,850 |
| 8 lots | 800 | HK$ 60,400 |
| 9 lots | 900 | HK$ 67,950 |
| 10 lots | 1,000 | HK$ 75,500 |
| 15 lots | 1,500 | HK$ 113,250 |
| 20 lots | 2,000 | HK$ 151,000 |
| 25 lots | 2,500 | HK$ 188,750 |
| 30 lots | 3,000 | HK$ 226,500 |
| 35 lots | 3,500 | HK$ 264,250 |
| 40 lots | 4,000 | HK$ 302,000 |
| 45 lots | 4,500 | HK$ 339,750 |
| 50 lots | 5,000 | HK$ 377,500 |
| 60 lots | 6,000 | HK$ 453,000 |
| 70 lots | 7,000 | HK$ 528,500 |
| 80 lots | 8,000 | HK$ 604,000 |
| 90 lots | 9,000 | HK$ 679,500 |
| 100 lots | 10,000 | HK$ 755,000 |
| 200 lots | 20,000 | HK$ 1,510,000 |
| 300 lots | 30,000 | HK$ 2,265,000 |
| 400 lots | 40,000 | HK$ 3,020,000 |
| 500 lots | 50,000 | HK$ 3,775,000 |
| 600 lots | 60,000 | HK$ 4,530,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 700 lots | 70,000 | HK$ 5,285,000 |
| 800 lots | 80,000 | HK$ 6,040,000 |
| 900 lots | 90,000 | HK$ 6,795,000 |
| 1,000 lots | 100,000 | HK$ 7,550,000 |
| 2,000 lots | 200,000 | HK$ 15,100,000 |
| 3,000 lots | 300,000 | HK$ 22,650,000 |
| 4,000 lots | 400,000 | HK$ 30,200,000 |
| 5,000 lots | 500,000 | HK$ 37,750,000 |
| 6,000 lots | 600,000 | HK$ 45,300,000 |
| 7,000 lots | 700,000 | HK$ 52,850,000 |
| 8,166 lots | 816,600 | HK$ 61,653,300 |
Valuation & Financials
| Market Cap (at Offer Price) | HK$ 8,220,862,800 |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | To be extracted |
| Profit/Loss Status | 盈利約人民幣365.0百萬元 |
| Period-End Cash Balance | To be extracted |
| Listing Expenses | ~HK$ 86,933,950 |
| Listing Expenses / Funds Raised | ~7.05% |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | Loading... |
|---|
Use of Proceeds
| Use of Proceeds | 约40%用于水產養殖及產能擴張、現有基地技術升級，约20%用于品牌營銷及擴大全球銷售渠道，约15%用于研發及數字化信息系統，约15%用于戰略投資或收購，约10%用于營運資金及一般公司用途 |
|---|
Underwriting Syndicate
Joint Sponsors (2)
中信证券（香港）有限公司 CE AAK249
中信建投（国际）融资有限公司 CE BAU112
Sponsor cum Overall Coordinator (2)
中信里昂证券有限公司 CE AAB893
中信建投（国际）融资有限公司 CE BAU112
Overall Coordinators (2)
中信里昂证券有限公司 CE AAB893
中信建投（国际）融资有限公司 CE BAU112
Joint Global Coordinators (2)
中信里昂证券有限公司 CE AAB893
中信建投（国际）融资有限公司 CE BAU112
Joint Bookrunners (4)
中信里昂证券有限公司 CE AAB893
中信建投（国际）融资有限公司 CE BAU112
兴证国际资本有限公司
华福国际证券有限公司 CE BQC241
Joint Lead Managers (4)
中信里昂证券有限公司 CE AAB893
中信建投（国际）融资有限公司 CE BAU112
兴证国际资本有限公司
华福国际证券有限公司 CE BQC241
Capital Market Intermediaries (4)
中信里昂证券有限公司 CE AAB893
中信建投（国际）融资有限公司 CE BAU112
兴证国际资本有限公司
华福国际证券有限公司 CE BQC241
Service Providers
| Role | Institution |
|---|---|
| Legal Advisor to Company |
史密夫斐尔凯迈律师事务所 北京市天元律师事务所 |
| Legal Advisor to Sponsors/Underwriters |
竞天公诚律师事务所有限法律责任合伙 国浩律师事务所 |
| Auditor and Reporting Accountant | 罗兵咸永道会计师事务所 |
| Industry Advisor | 灼识企业管理咨询（上海）有限公司 |
| Compliance Advisor | 绰耀资本有限公司 CE BJG062 |
| Receiving Banks |
中国银行（香港）有限公司 中信银行（国际）有限公司 |
Cornerstone Investors
This stock has no cornerstone investors.
Directors & Management
| Chairman | 王斌 |
|---|---|
| Company Secretary | 許鵬飛 |
執行董事 (4)
| # | Name | English Name | Type |
|---|---|---|---|
| 1 | 王斌 | — | 執行董事 |
| 2 | 夏永濤 | — | 執行董事 |
| 3 | 韓磊 | — | 執行董事 |
| 4 | 王志剛 | — | 執行董事 |
非執行董事 (2)
| # | Name | English Name | Type |
|---|---|---|---|
| 1 | 董振東 | — | 非執行董事 |
| 2 | 孔德仁 | — | 非執行董事 |
獨立非執行董事 (3)
| # | Name | English Name | Type |
|---|---|---|---|
| 1 | 孫松 | — | 獨立非執行董事 |
| 2 | 范新鵬 | — | 獨立非執行董事 |
| 3 | 宋秀梅 | — | 獨立非執行董事 |
Major Shareholders
| Major Shareholders & Holdings | 王斌先生透過個人持股及受控法團合計持有約29.44%股份；淳安卡露伽人持有17.97%；陳夏鑫持有10.77%；灃石景和持有6.74% |
|---|
Offering Structure
Subscription Tiers
IPO Timeline
