| Stock Name | 国鸿氢能 |
|---|---|
| Stock Code | 09663 |
| Company Full Name | 国鸿氢能 |
| Industry | 工業制造 |
| Principal Activities | 公司為中國一家專注于研究、開發、生產及銷售氫燃料電池電堆及氫燃料電池系統的領先技術型氫燃料電池公司。 |
| Listing Date | 2023-12-05 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國浙江省嘉興市港區杭州灣新經濟園37幢501-2室 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | https://www.sinosynergypower.com/ |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | (852)2153 1688 |
| A-Share/US Dual Listing | No data |
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 19.66 / 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$ 156,336,320 |
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 500 | HK$ 0 |
| 2 lots | 1,000 | HK$ 0 |
| 3 lots | 1,500 | HK$ 0 |
| 4 lots | 2,000 | HK$ 0 |
| 5 lots | 2,500 | HK$ 0 |
| 6 lots | 3,000 | HK$ 0 |
| 7 lots | 3,500 | HK$ 0 |
| 8 lots | 4,000 | HK$ 0 |
| 9 lots | 4,500 | HK$ 0 |
| 10 lots | 5,000 | HK$ 0 |
| 15 lots | 7,500 | HK$ 0 |
| 20 lots | 10,000 | HK$ 0 |
| 25 lots | 12,500 | HK$ 0 |
| 30 lots | 15,000 | HK$ 0 |
| 35 lots | 17,500 | HK$ 0 |
| 40 lots | 20,000 | HK$ 0 |
| 50 lots | 25,000 | HK$ 0 |
| 60 lots | 30,000 | HK$ 0 |
| 70 lots | 35,000 | HK$ 0 |
| 80 lots | 40,000 | HK$ 0 |
| 90 lots | 45,000 | HK$ 0 |
| 100 lots | 50,000 | HK$ 0 |
| 200 lots | 100,000 | HK$ 0 |
| 300 lots | 150,000 | HK$ 0 |
| 400 lots | 200,000 | HK$ 0 |
| 500 lots | 250,000 | HK$ 0 |
| 800 lots | 400,000 | HK$ 0 |
| 900 lots | 450,000 | HK$ 0 |
| 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 Close | HK$ 19.8 |
|---|---|
| First Day Open | HK$ 16.5 |
| First Day Change | 0.71% |
| First Day Volume | 28234500.0 |
| First Day Turnover | 536915000.0 |
| Use of Proceeds | 1、約603.8百萬港元或約40.0%擬用于擴大氫燃料電池電堆及氫燃料電池系統的產能； 2、約302.0百萬港元或約20.0%擬用于撥付氫燃料電池電堆、氫燃料電池系統及制氫設備的研發； 3、約150.9百萬港元或約10.0%擬用于撥付于上游行業公司的投資、潛在收購或建立合作關系； 4、約150.9百萬港元或約10.0%擬用于(i)與下游參與者聯合開發產品組合的下游運輸和固定式應用及(ii)與地方政府及來自行業上下游參與者的公司成立合營企業； 5、約150.9百萬港元或約10.0%擬用于團隊建設、人才招募及培訓、提高對關鍵人員的薪酬和激勵以及升級信息技術基礎設施； 6、約150.9百萬港元或約10.0%將用作營運資金及其他一般公司用途。 |
|---|
| Chairman | 陳曉敏 |
|---|---|
| Company Secretary | 王駿;朱永添 |
| Major Shareholders & Holdings | 廣東鴻運氫能源科技有限公司(15.44%);廣東佛山(云浮)產業轉移工業園投資開發有限公司(13.13%) |
|---|
Market Sentiment
With a modest oversubscription ratio of 1.18x, market enthusiasm for this IPO proved lukewarm, as reflected by the 100% hit rate granting every applicant an allotment. The lack of meaningful excess demand suggests subdued retail appetite. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
Notably, both A-tail (500 lots) and B-head (1,000 lots) applicants are expected to receive just 1 lot each, creating a flat allocation where larger commitments yield no added benefit. This equalized expectation undermines the typical incentive for scaling up bid size, potentially discouraging broader high-tier participation. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographics
Demographic data for this IPO is unavailable, with both mainland China and Hong Kong holder percentages reported as zero, obscuring the geographic distribution of applicants. The absence of such details limits insight into the retail investor base, though the low oversubscription may imply limited cross-border interest. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
