| Stock Name | 元续科技 |
|---|---|
| Stock Code | 08637 |
| Company Full Name | 元续科技 |
| Industry | 工業制造 |
| Principal Activities | 公司是一家總部設于新加坡的精密工程服務供應商，以非常精確及可控的方式將焊接設備及特定焊接技術應用到工件上，常用于小型零件、尺寸公差較小的零件或要求幾乎看不見焊縫的零件。 |
| Listing Date | 2024-06-28 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | No. 43 Tuas View Circuit Singapore |
| Business Address (Hong Kong) | To be extracted |
| 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 | http://www.metatechnologies.com.sg/en/index.aspx |
| 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 Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 2.42 / 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 | 0% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 65,340,000 |
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 1,000 | HK$ 2,420 |
| 1 lots | 1,000 | HK$ 2,420 |
| 2 lots | 2,000 | HK$ 4,840 |
| 2 lots | 2,000 | HK$ 4,840 |
| 3 lots | 3,000 | HK$ 7,260 |
| 3 lots | 3,000 | HK$ 7,260 |
| 4 lots | 4,000 | HK$ 9,680 |
| 4 lots | 4,000 | HK$ 9,680 |
| 5 lots | 5,000 | HK$ 12,100 |
| 5 lots | 5,000 | HK$ 12,100 |
| 6 lots | 6,000 | HK$ 14,520 |
| 6 lots | 6,000 | HK$ 14,520 |
| 7 lots | 7,000 | HK$ 16,940 |
| 7 lots | 7,000 | HK$ 16,940 |
| 8 lots | 8,000 | HK$ 19,360 |
| 8 lots | 8,000 | HK$ 19,360 |
| 9 lots | 9,000 | HK$ 21,780 |
| 9 lots | 9,000 | HK$ 21,780 |
| 10 lots | 10,000 | HK$ 24,200 |
| 10 lots | 10,000 | HK$ 24,200 |
| 15 lots | 15,000 | HK$ 36,300 |
| 15 lots | 15,000 | HK$ 36,300 |
| 20 lots | 20,000 | HK$ 48,400 |
| 20 lots | 20,000 | HK$ 48,400 |
| 25 lots | 25,000 | HK$ 60,500 |
| 25 lots | 25,000 | HK$ 60,500 |
| 30 lots | 30,000 | HK$ 72,600 |
| 30 lots | 30,000 | HK$ 72,600 |
| 35 lots | 35,000 | HK$ 84,700 |
| 35 lots | 35,000 | HK$ 84,700 |
| 40 lots | 40,000 | HK$ 96,800 |
| 40 lots | 40,000 | HK$ 96,800 |
| 45 lots | 45,000 | HK$ 108,900 |
| 45 lots | 45,000 | HK$ 108,900 |
| 50 lots | 50,000 | HK$ 121,000 |
| 50 lots | 50,000 | HK$ 121,000 |
| 60 lots | 60,000 | HK$ 145,200 |
| 60 lots | 60,000 | HK$ 145,200 |
| 70 lots | 70,000 | HK$ 169,400 |
| 70 lots | 70,000 | HK$ 169,400 |
| 80 lots | 80,000 | HK$ 193,600 |
| 80 lots | 80,000 | HK$ 193,600 |
| 90 lots | 90,000 | HK$ 217,800 |
| 90 lots | 90,000 | HK$ 217,800 |
| 100 lots | 100,000 | HK$ 242,000 |
| 100 lots | 100,000 | HK$ 242,000 |
| 200 lots | 200,000 | HK$ 484,000 |
| 200 lots | 200,000 | HK$ 484,000 |
| 300 lots | 300,000 | HK$ 726,000 |
| 400 lots | 400,000 | HK$ 968,000 |
| 400 lots | 400,000 | HK$ 968,000 |
| 500 lots | 500,000 | HK$ 1,210,000 |
| 500 lots | 500,000 | HK$ 1,210,000 |
| 600 lots | 600,000 | HK$ 1,452,000 |
| 600 lots | 600,000 | HK$ 1,452,000 |
| 700 lots | 700,000 | HK$ 1,694,000 |
| 700 lots | 700,000 | HK$ 1,694,000 |
| 800 lots | 800,000 | HK$ 1,936,000 |
| 800 lots | 800,000 | HK$ 1,936,000 |
| 900 lots | 900,000 | HK$ 2,178,000 |
| 900 lots | 900,000 | HK$ 2,178,000 |
| 1,000 lots | 1,000,000 | HK$ 2,420,000 |
| 1,200 lots | 1,200,000 | HK$ 2,904,000 |
| 1,200 lots | 1,200,000 | HK$ 2,904,000 |
| 1,400 lots | 1,400,000 | HK$ 3,388,000 |
| 1,400 lots | 1,400,000 | HK$ 3,388,000 |
| 1,600 lots | 1,600,000 | HK$ 3,872,000 |
| 1,600 lots | 1,600,000 | HK$ 3,872,000 |
| 1,800 lots | 1,800,000 | HK$ 4,356,000 |
| 2,000 lots | 2,000,000 | HK$ 4,840,000 |
| 2,000 lots | 2,000,000 | HK$ 4,840,000 |
| 2,200 lots | 2,200,000 | HK$ 5,324,000 |
| 2,200 lots | 2,200,000 | HK$ 5,324,000 |
| 2,400 lots | 2,400,000 | HK$ 5,808,000 |
| 2,400 lots | 2,400,000 | HK$ 5,808,000 |
| 2,700 lots | 2,700,000 | HK$ 6,534,000 |
| Market Cap (at Offer Price) | HK$ 363,000,000 |
|---|---|
| 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 Close | HK$ 1.47 |
|---|---|
| First Day Open | HK$ 1.66 |
| First Day Change | -39.26% |
| First Day Volume | 21203000.0 |
| First Day Turnover | 36766200.0 |
| Use of Proceeds | 1、約12.4百萬港元（約60.1%）將用于擴充營運規模及提升產能； 2、約3.1百萬港元（約15.4%）將用于加強精密機加工服務的質量監控能力； 3、約1.0百萬港元（約4.7%）將用于加強營銷活動； 4、約2.0百萬港元（約9.8%）將用于償還銀行借款； 5、約2.1百萬港元（約10.0%）將用作營運資金及一般企業用途。 |
|---|
| Chairman | 陳志強 |
|---|---|
| Company Secretary | 游子麟,侯婧 |
| Major Shareholders & Holdings | SGP Capital Holdings Limited(39.10%);Baccini Capital Holdings Limited(16.50%);Angelling Capital Holdings Limited(8.20%);彭菁咪(5.44%) |
|---|
Market Sentiment
The IPO garnered extraordinary demand with an oversubscription ratio of 2480.61x, signaling intense investor enthusiasm. The overall success rate (hit rate) of 22.44% is low, reflecting fierce competition for allocations. No discount to final price range was apparent as the offer price was fixed at HK$2.42. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
The A-tail (2,000 lots) and B-head (2,200 lots) both expected just 1 lot, indicating an allocation cliff where the additional 200 lots yielded no extra shares. This flat distribution, likely due to reallocation, makes large margin applications cost-inefficient given brokerage fees. Investors at the top of A-tier faced marginal benefit compared to smaller applications. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographics
Mainland investors dominated, comprising 83% of successful applicants, suggesting significant cross-border speculative demand. The gender split was relatively even at 54.5% male, and the average age was 44.8. This demographic profile is typical for hot small-cap IPOs in Hong Kong. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
