| Stock Name | 金叶国际集团 |
|---|---|
| Stock Code | 08549 |
| Company Full Name | 金叶国际集团 |
| Industry | New Energy |
| Principal Activities | established contractor in Hong Kong engaging in E&M engineering works, and our history can be traced back to 2006 |
| Listing Date | 2025-10-09 |
| Listing Rules Era | New Rules (after Aug 2025) |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 香港新界葵涌藍田街18號創新科技中心23樓 |
| Business Address (Hong Kong) | 新界葵涌藍田街18號創新科技中心23樓 |
| Place of Incorporation | 開曼群島 |
| Listing Method | 發售以供認購 + 發售以供配售 |
| Listing Board | GEM |
| Website | glint.com.hk |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | Computershare Hong Kong Investor Services Limited |
| A-Share/US Dual Listing | No |
| Offering Mechanism | Mechanism B |
|---|---|
| Offer Price | HK$ 0.50 / shares |
| Offer Price Range | Final offer price only, no range |
| Lot Size | To be extracted |
| Entry Threshold | To be extracted |
| Par Value | RMB 0.01 / shares |
| Offer Period | 2025-09-30 to 2025-10-06 |
| Global Offering Shares | 100,000,000 shares |
| HK Public Offer Shares (Initial) | 10,000,000 shares (10.0%) |
| Public Offer Lots (Initial) | To be extracted |
| International Placing Shares (Initial) | 90,000,000 shares (90.0%) |
| Offer Ratio | ~25.0% |
| Total Shares Post-IPO | 400,000,000 shares |
| Greenshoe (Over-allotment Option) | No |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 0% |
| Clawback Tiers | To be extracted |
| Reallocation Option | No |
| Total Global Offering Size | HK$ 50,000,000 |
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 5,000 | HK$ 2,500 |
| 2 lots | 10,000 | HK$ 5,000 |
| 3 lots | 15,000 | HK$ 7,500 |
| 4 lots | 20,000 | HK$ 10,000 |
| 5 lots | 25,000 | HK$ 12,500 |
| 6 lots | 30,000 | HK$ 15,000 |
| 7 lots | 35,000 | HK$ 17,500 |
| 8 lots | 40,000 | HK$ 20,000 |
| 9 lots | 45,000 | HK$ 22,500 |
| 10 lots | 50,000 | HK$ 25,000 |
| 12 lots | 60,000 | HK$ 30,000 |
| 14 lots | 70,000 | HK$ 35,000 |
| 16 lots | 80,000 | HK$ 40,000 |
| 18 lots | 90,000 | HK$ 45,000 |
| 20 lots | 100,000 | HK$ 50,000 |
| 30 lots | 150,000 | HK$ 75,000 |
| 40 lots | 200,000 | HK$ 100,000 |
| 50 lots | 250,000 | HK$ 125,000 |
| 60 lots | 300,000 | HK$ 150,000 |
| 70 lots | 350,000 | HK$ 175,000 |
| 80 lots | 400,000 | HK$ 200,000 |
| 90 lots | 450,000 | HK$ 225,000 |
| 100 lots | 500,000 | HK$ 250,000 |
| 120 lots | 600,000 | HK$ 300,000 |
| 140 lots | 700,000 | HK$ 350,000 |
| 160 lots | 800,000 | HK$ 400,000 |
| 180 lots | 900,000 | HK$ 450,000 |
| 200 lots | 1,000,000 | HK$ 500,000 |
| 300 lots | 1,500,000 | HK$ 750,000 |
| 400 lots | 2,000,000 | HK$ 1,000,000 |
| 500 lots | 2,500,000 | HK$ 1,250,000 |
| 600 lots | 3,000,000 | HK$ 1,500,000 |
| 700 lots | 3,500,000 | HK$ 1,750,000 |
| 800 lots | 4,000,000 | HK$ 2,000,000 |
| 900 lots | 4,500,000 | HK$ 2,250,000 |
| 1,000 lots | 5,000,000 | HK$ 2,500,000 |
| 1,200 lots | 6,000,000 | HK$ 3,000,000 |
| 1,400 lots | 7,000,000 | HK$ 3,500,000 |
| 1,600 lots | 8,000,000 | HK$ 4,000,000 |
| 1,800 lots | 9,000,000 | HK$ 4,500,000 |
| 2,000 lots | 10,000,000 | HK$ 5,000,000 |
| Market Cap (at Offer Price) | HK$ 200,000,000 |
|---|---|
| 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14.1百萬元 |
| Period-End Cash Balance | 人民币16,100,000元 |
| Listing Expenses | To be extracted |
| Listing Expenses / Funds Raised | To be extracted |
| Total Pre-IPO Investment | To be extracted |
| First Day Close | HK$ 2.15 |
|---|---|
| First Day Open | HK$ 3.0 |
| First Day Change | 330.00% |
| First Day Volume | 43840300.0 |
| First Day Turnover | 130421000.0 |
| Use of Proceeds | 1、約21.5百萬港元（占估計所得款項凈額約56.1%）將用于撥付公司新項目的前期成本； 2、約12.5百萬港元（占估計所得款項凈額約32.6%）將用于招聘新員工及租賃額外辦公室； 3、約0.5百萬港元（占估計所得款項凈額約1.3%）將用于升級公司的「GLERP」系統； 4、約3.8百萬港元（占估計所得款項凈額約10.0%）將用作公司的一般營運資金。 |
|---|
| Chairman | 葉金弋 |
|---|---|
| Company Secretary | 葉芷筠 |
| Major Shareholders & Holdings | CONTROLLING SHAREHOLDERS (2) our Company will disclose the basis of the decisions on the matters reviewed by our independent non-executive Directors in relation to the compliance and enforcement of arrangement of the Deed of Non-competition in the annual reports of our Comp |
|---|
Market Sentiment
The IPO saw overwhelming demand with an oversubscription ratio of 11,464.72 times, indicating extreme retail enthusiasm for this small-cap electromechanical stock. The hit rate of only 1.19% underscores the lottery-like nature of the allocation, with fewer than 2 in 100 applications successful, and reallocation from the international tranche was triggered. Priced at HK$0.5 per share, the offering likely captured the upper end of indicative range, reflecting intense bidding. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
A striking inefficiency separates the top A-tier (甲尾) and bottom B-tier (乙头): a HK$9 million application expects only 0.0916 lots while a HK$10 million B-head application yields a marginally higher 0.1001 lots. This negligible improvement for a significant leap in capital requirement suggests that the B-tier entry offered little value after broker interest costs, effectively penalizing larger applicants. Investors using margin for 乙头 likely saw poor risk-reward relative to remaining just below the threshold. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographics
Demographic data is absent for this IPO, with total holders, mainland participation, and Hong Kong percentage all recorded as zero, likely due to reporting lags or data gaps. In highly oversubscribed deals of this scale, one would typically expect heavy mainland Chinese involvement, but without actual figures no meaningful pattern can be drawn. The lack of geographic breakdown underscores the need for verified post-listing disclosures. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
