IPO Timeline
Broker Deadline
2026-06-23
Morning deadline
HKEX Deadline
2026-06-23
Noon deadline
Broker Results (T-2)
2026-06-24
Some brokers release in afternoon
Grey Market (T-1)
2026-06-25
Afternoon
HKEX Allotment (T-1)
2026-06-25
Evening
Registrar Allotment (T-1)
2026-06-25
Evening
Listing Day (T)
2026-06-26
First day of trading
Cross-Market Price Comparison
| Other Listed Market | Shanghai (SSE) |
|---|---|
| Other Market Stock Code | 688630 |
| H-Share Offer Price | HK$ 252.73 |
| Other Market Price | Loading... |
| Reference Exchange Rate | Loading... |
| H-Share Offer Price Premium/Discount vs Other Market | Loading... |
Company Overview
| Stock Name | 芯碁微裝 |
|---|---|
| Stock Code | 09630 |
| Company Full Name | 芯碁微裝 |
| Industry | Information Technology |
| Principal Activities | 我們是全球最大的PCB直接成像設備供應商，於AI時代提供PCB直接成像設備及半導體直寫光刻設備，致力於為全球客戶製造、銷售及維護直接成像及直寫光刻設備。產品包括PCB直接成像設備及自動線系統、半導體直寫光刻設備及自動線系統，以及售後維護和支持服務。 |
| Listing Date | 2026-06-26 |
| Listing Rules Era | New Rules (after Aug 2025) |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國安徽省合肥高新技術產業開發區長寧大道789號1號樓 |
| 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 | 中華人民共和國 |
| Listing Method | 全球發售 |
| Listing Board | Main Board |
| Website | cfmee.cn |
| 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 | Yes (A股) |
Offering Information
| Offering Mechanism | Mechanism B |
|---|---|
| Offer Price | HK$ 252.73 / shares |
| Offer Price Range | Final offer price only, no range |
| Lot Size | 50 shares |
| Entry Threshold | HK$ 12,636 |
| Par Value | RMB 1.0 / shares |
| Offer Period | 2026-06-17 to 2026-06-23 |
| Global Offering Shares | 12,838,650 shares |
| HK Public Offer Shares (Initial) | 1,283,900 shares (10.0%) |
| Public Offer Lots (Initial) | 25,678lots (12,839lots, 12,839lots) |
| International Placing Shares (Initial) | 11,554,750 shares (90.0%) |
| Offer Ratio | ~10.0% |
| Total Shares Post-IPO | 144,579,366 shares |
| Greenshoe (Over-allotment Option) | No |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 50.0% |
| Clawback Tiers | To be extracted |
| Reallocation Option | Yes |
| Total Global Offering Size | HK$ 3,244,712,014 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 50 | HK$ 12,636 |
| 2 lots | 100 | HK$ 25,273 |
| 3 lots | 150 | HK$ 37,910 |
| 4 lots | 200 | HK$ 50,546 |
| 5 lots | 250 | HK$ 63,182 |
| 6 lots | 300 | HK$ 75,819 |
| 7 lots | 350 | HK$ 88,456 |
| 8 lots | 400 | HK$ 101,092 |
| 9 lots | 450 | HK$ 113,728 |
| 10 lots | 500 | HK$ 126,365 |
| 12 lots | 600 | HK$ 151,638 |
| 14 lots | 700 | HK$ 176,911 |
| 16 lots | 800 | HK$ 202,184 |
| 18 lots | 900 | HK$ 227,457 |
| 20 lots | 1,000 | HK$ 252,730 |
| 30 lots | 1,500 | HK$ 379,095 |
| 40 lots | 2,000 | HK$ 505,460 |
| 50 lots | 2,500 | HK$ 631,825 |
| 60 lots | 3,000 | HK$ 758,190 |
| 70 lots | 3,500 | HK$ 884,555 |
| 80 lots | 4,000 | HK$ 1,010,920 |
| 90 lots | 4,500 | HK$ 1,137,285 |
| 100 lots | 5,000 | HK$ 1,263,650 |
| 120 lots | 6,000 | HK$ 1,516,380 |
| 140 lots | 7,000 | HK$ 1,769,110 |
| 160 lots | 8,000 | HK$ 2,021,840 |
| 180 lots | 9,000 | HK$ 2,274,570 |
| 200 lots | 10,000 | HK$ 2,527,300 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 400 lots | 20,000 | HK$ 5,054,600 |
| 600 lots | 30,000 | HK$ 7,581,900 |
| 800 lots | 40,000 | HK$ 10,109,200 |
| 1,000 lots | 50,000 | HK$ 12,636,500 |
| 1,200 lots | 60,000 | HK$ 15,163,800 |
| 1,400 lots | 70,000 | HK$ 17,691,100 |
| 1,600 lots | 80,000 | HK$ 20,218,400 |
| 1,800 lots | 90,000 | HK$ 22,745,700 |
| 2,000 lots | 100,000 | HK$ 25,273,000 |
| 4,000 lots | 200,000 | HK$ 50,546,000 |
| 6,000 lots | 300,000 | HK$ 75,819,000 |
| 8,000 lots | 400,000 | HK$ 101,092,000 |
| 10,000 lots | 500,000 | HK$ 126,365,000 |
| 12,839 lots | 641,950 | HK$ 162,240,024 |
Valuation & Financials
| Market Cap (at Offer Price) | HK$ 35,625,299,286 |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | To be extracted |
| Profit/Loss Status | 盈利约人民币289.9百万元 |
| Period-End Cash Balance | To be extracted |
| Listing Expenses | ~HK$ 90,270,000 |
| Listing Expenses / Funds Raised | ~2.78% |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | Loading... |
|---|
Use of Proceeds
| Use of Proceeds | 约25%用於加強研發能力、约18%用於擴大整體產能、约27%用於戰略性投資及/或收購、约20%用於擴大國際銷售業務及海外銷售與服務網絡、约10%用於營運資金及其他一般企業用途。 |
|---|
Underwriting Syndicate
Sole Sponsor (1)
中国国际金融香港证券有限公司 CE AEN894(sole)
Sponsor cum Overall Coordinator (1)
中国国际金融香港证券有限公司 CE AEN894(sole)
Overall Coordinators (3)
中国国际金融香港证券有限公司 CE AEN894(sole)
招银国际融资有限公司 CE AVM940
GUOYUAN SECURITIES BROKERAGE (HONG KONG) LIMITED CE AOA594
Joint Global Coordinators (3)
中国国际金融香港证券有限公司 CE AEN894(sole)
招银国际融资有限公司 CE AVM940
GUOYUAN SECURITIES BROKERAGE (HONG KONG) LIMITED CE AOA594
Joint Bookrunners (4)
中国国际金融香港证券有限公司 CE AEN894(sole)
招银国际融资有限公司 CE AVM940
GUOYUAN SECURITIES BROKERAGE (HONG KONG) LIMITED CE AOA594
中银国际亚洲有限公司 CE AET863
Joint Lead Managers (5)
中国国际金融香港证券有限公司 CE AEN894(sole)
招银国际融资有限公司 CE AVM940
GUOYUAN SECURITIES BROKERAGE (HONG KONG) LIMITED CE AOA594
中银国际亚洲有限公司 CE AET863
富途证券国际（香港）有限公司 CE AZT137
Capital Market Intermediaries (3)
中国国际金融香港证券有限公司 CE AEN894(sole)
招银国际融资有限公司 CE AVM940
GUOYUAN SECURITIES BROKERAGE (HONG KONG) LIMITED CE AOA594
Service Providers
| Role | Institution |
|---|---|
| Legal Advisor to Company |
高伟绅律师行 德恒律师事务所 Ashurst Tokyo (Ashurst Horitsu Jimusho Gaikokuho Kyodo Jigyo) |
| Legal Advisor to Sponsors/Underwriters |
欧华律师事务所 通商律师事务所 |
| Auditor and Reporting Accountant | 安永会计师事务所 |
| Industry Advisor | 灼识企业管理咨询（上海）有限公司 |
| Compliance Advisor | 浤博资本有限公司 CE BPB716 |
| Receiving Banks | 招商永隆银行有限公司 |
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | 股份的股本的股份的股本的合肥市国资委控制的实体合肥建汇 | 10,720,000 USD | 340,950 | 2.66% | 0.24% | 6 months | 2026-12-26 |
| 2 | 芯耀投资 | 9,750,000 USD | 309,950 | 2.41% | 0.21% | 6 months | 2026-12-26 |
| 3 | 晶合集成香港 | 7,800,000 USD | 247,950 | 1.93% | 0.17% | 6 months | 2026-12-26 |
| 4 | JPMAMAPL | 19,500,000 USD | 619,950 | 4.83% | 0.43% | 6 months | 2026-12-26 |
| 5 | 胜宏科技香港 | 19,500,000 USD | 619,950 | 4.83% | 0.43% | 6 months | 2026-12-26 |
| 6 | CPE Chestnut | 17,550,000 USD | 557,950 | 4.35% | 0.39% | 6 months | 2026-12-26 |
| 7 | Lion Global | 17,550,000 USD | 557,950 | 4.35% | 0.39% | 6 months | 2026-12-26 |
| 8 | CICC FT（与景林场外掉期有关） | 11,700,000 USD | 371,950 | 2.90% | 0.26% | 6 months | 2026-12-26 |
| 9 | HHLR | 11,700,000 USD | 371,950 | 2.90% | 0.26% | 6 months | 2026-12-26 |
| 10 | Huadeng Victorious | 10,240,000 USD | 325,450 | 2.53% | 0.23% | 6 months | 2026-12-26 |
| 11 | Montage HK | 9,750,000 USD | 309,950 | 2.41% | 0.21% | 6 months | 2026-12-26 |
| 12 | 永联投资 | 9,750,000 USD | 309,950 | 2.41% | 0.21% | 6 months | 2026-12-26 |
| 13 | Monterey Park | 9,270,000 USD | 294,750 | 2.30% | 0.20% | 6 months | 2026-12-26 |
| 14 | 博时国际 | 6,820,000 USD | 216,950 | 1.69% | 0.15% | 6 months | 2026-12-26 |
| 15 | 汇添富（香港） | 6,820,000 USD | 216,950 | 1.69% | 0.15% | 6 months | 2026-12-26 |
| 16 | 富国香港及富国基金 | 6,820,000 USD | 216,950 | 1.69% | 0.15% | 6 months | 2026-12-26 |
| 17 | 广发基金 | 6,820,000 USD | 216,950 | 1.69% | 0.15% | 6 months | 2026-12-26 |
| 18 | 海燿实业 | 4,870,000 USD | 154,950 | 1.21% | 0.11% | 6 months | 2026-12-26 |
| 19 | 阳光电源香港 | 4,870,000 USD | 54,950 | 1.21% | 0.11% | 6 months | 2026-12-26 |
Directors & Management
| Chairman | 程卓 |
|---|---|
| Company Secretary | 魏永珍 |
執行董事 (3)
| # | Name | English Name | Type |
|---|---|---|---|
| 1 | 程卓 | — | 執行董事 |
| 2 | 方林 | — | 執行董事 |
| 3 | 魏永珍 | — | 執行董事 |
非執行董事 (3)
| # | Name | English Name | Type |
|---|---|---|---|
| 1 | 赵凌云 | — | 非執行董事 |
| 2 | 周驰军 | — | 非執行董事 |
| 3 | 刘锋 | — | 非執行董事 |
獨立非執行董事 (3)
| # | Name | English Name | Type |
|---|---|---|---|
| 1 | 周亚娜 | — | 獨立非執行董事 |
| 2 | 钟琪 | — | 獨立非執行董事 |
| 3 | 王乐得 | — | 獨立非執行董事 |
Major Shareholders
| Major Shareholders & Holdings | 控股股東組別包括程卓女士（直接持股25.92%）、亞歌創投、合光刻、納光刻，合共持有約34.13%權益。 |
|---|
Offering Structure
Subscription Tiers
IPO Timeline
