| Stock Name | 容大科技 |
|---|---|
| Stock Code | 09881 |
| Company Full Name | 容大科技 |
| Industry | 工業制造 |
| Principal Activities | 公司是一家銷售網絡遍及全球的自動識別與數據收集(AIDC)裝置及解決方案供應商，從事打印設備、衡器、POS終端機及PDA的設計、研發、制造及營銷。 |
| Listing Date | 2025-06-10 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國福建省廈門市同安區同輝南路88號容大科技園 |
| 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.rongtatech.cn/ |
| 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 |
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 10.00 / 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) | No |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 43.6% |
| Clawback Tiers | To be extracted |
| Reallocation Option | No |
| Total Global Offering Size | HK$ 24,290,000 |
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 500 | HK$ 5,000 |
| 2 lots | 1,000 | HK$ 10,000 |
| 2 lots | 1,000 | HK$ 10,000 |
| 3 lots | 1,500 | HK$ 15,000 |
| 3 lots | 1,500 | HK$ 15,000 |
| 4 lots | 2,000 | HK$ 20,000 |
| 4 lots | 2,000 | HK$ 20,000 |
| 5 lots | 2,500 | HK$ 25,000 |
| 5 lots | 2,500 | HK$ 25,000 |
| 6 lots | 3,000 | HK$ 30,000 |
| 6 lots | 3,000 | HK$ 30,000 |
| 7 lots | 3,500 | HK$ 35,000 |
| 7 lots | 3,500 | HK$ 35,000 |
| 8 lots | 4,000 | HK$ 40,000 |
| 8 lots | 4,000 | HK$ 40,000 |
| 9 lots | 4,500 | HK$ 45,000 |
| 9 lots | 4,500 | HK$ 45,000 |
| 10 lots | 5,000 | HK$ 50,000 |
| 10 lots | 5,000 | HK$ 50,000 |
| 12 lots | 6,000 | HK$ 60,000 |
| 12 lots | 6,000 | HK$ 60,000 |
| 14 lots | 7,000 | HK$ 70,000 |
| 14 lots | 7,000 | HK$ 70,000 |
| 16 lots | 8,000 | HK$ 80,000 |
| 16 lots | 8,000 | HK$ 80,000 |
| 18 lots | 9,000 | HK$ 90,000 |
| 18 lots | 9,000 | HK$ 90,000 |
| 20 lots | 10,000 | HK$ 100,000 |
| 30 lots | 15,000 | HK$ 150,000 |
| 30 lots | 15,000 | HK$ 150,000 |
| 40 lots | 20,000 | HK$ 200,000 |
| 40 lots | 20,000 | HK$ 200,000 |
| 50 lots | 25,000 | HK$ 250,000 |
| 50 lots | 25,000 | HK$ 250,000 |
| 60 lots | 30,000 | HK$ 300,000 |
| 60 lots | 30,000 | HK$ 300,000 |
| 70 lots | 35,000 | HK$ 350,000 |
| 70 lots | 35,000 | HK$ 350,000 |
| 80 lots | 40,000 | HK$ 400,000 |
| 80 lots | 40,000 | HK$ 400,000 |
| 90 lots | 45,000 | HK$ 450,000 |
| 90 lots | 45,000 | HK$ 450,000 |
| 100 lots | 50,000 | HK$ 500,000 |
| 100 lots | 50,000 | HK$ 500,000 |
| 120 lots | 60,000 | HK$ 600,000 |
| 120 lots | 60,000 | HK$ 600,000 |
| 140 lots | 70,000 | HK$ 700,000 |
| 140 lots | 70,000 | HK$ 700,000 |
| 160 lots | 80,000 | HK$ 800,000 |
| 160 lots | 80,000 | HK$ 800,000 |
| 180 lots | 90,000 | HK$ 900,000 |
| 180 lots | 90,000 | HK$ 900,000 |
| 200 lots | 100,000 | HK$ 1,000,000 |
| 200 lots | 100,000 | HK$ 1,000,000 |
| 400 lots | 200,000 | HK$ 2,000,000 |
| 400 lots | 200,000 | HK$ 2,000,000 |
| 600 lots | 300,000 | HK$ 3,000,000 |
| 600 lots | 300,000 | HK$ 3,000,000 |
| 800 lots | 400,000 | HK$ 4,000,000 |
| 1,000 lots | 500,000 | HK$ 5,000,000 |
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1,200 lots | 600,000 | HK$ 6,000,000 |
| 1,200 lots | 600,000 | HK$ 6,000,000 |
| 1,400 lots | 700,000 | HK$ 7,000,000 |
| 1,400 lots | 700,000 | HK$ 7,000,000 |
| 1,600 lots | 800,000 | HK$ 8,000,000 |
| 1,600 lots | 800,000 | HK$ 8,000,000 |
| 1,840 lots | 920,000 | HK$ 9,200,000 |
| 1,840 lots | 920,000 | HK$ 9,200,000 |
| 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$ 14.2 |
|---|---|
| First Day Open | HK$ 16.6 |
| First Day Change | 42.00% |
| First Day Volume | 8501920.0 |
| First Day Turnover | 132693000.0 |
| Use of Proceeds | 1、所得款項凈額約36.5%或54.2百萬港元將用于進行研發活動以擴大產品組合及提高研發能力； 2、所得款項凈額約33.4%或49.5百萬港元將用于增強生產效率及效益； 3、所得款項凈額約20.1%或29.8百萬港元將用于擴大銷售網絡及國際版圖； 4、所得款項凈額約10.0%或14.8百萬港元用作營運資金及一般企業用途。 |
|---|
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | Main Achieve Holdings Limited | 30,000,000 HKD | — | 16.30% | — | 6 months | 2025-12-10 |
| 2 | 曹柯 | 5,000,000 HKD | — | 2.72% | — | 6 months | 2025-12-10 |
| 3 | 李舒菡 | 2,000,000 HKD | — | 1.09% | — | 6 months | 2025-12-10 |
| 4 | 林小坚 | 20,000,000 HKD | — | 10.87% | — | 6 months | 2025-12-10 |
| 5 | 伍志发 | 3,300,000 HKD | — | 1.79% | — | 6 months | 2025-12-10 |
| 6 | 香港临泰微科技有限公司 | 10,000,000 HKD | — | 5.43% | — | 6 months | 2025-12-10 |
| 7 | 中晟集团有限公司 | 10,000,000 HKD | — | 5.43% | — | 6 months | 2025-12-10 |
| Chairman | 許開明 |
|---|---|
| Company Secretary | 胡遵法,賴浩恩 |
| Major Shareholders & Holdings | 廈門容信投資有限公司(38.53%),許開明(32.04%) |
|---|
Market Sentiment
The IPO garnered overwhelming retail interest with an oversubscription ratio of 275.96x, signaling extreme enthusiasm for the listing. The overall hit rate of 10.44% reflects highly constrained supply relative to demand, a common feature in hot Hong Kong IPOs. With a fixed offer price at HKD 10.0, the strong subscription suggests little pricing tension but intense lottery-like allocation dynamics. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
A notable tier distortion emerges: both A-tail (400,000 shares applied) and B-head (500,000 shares) applicants receive only 1 expected lot, indicating extreme compression where virtually all large subscriptions are capped at the minimum allocation. This creates a severe inefficiency as subscribers deploying significant capital get the same outcome as those at much lower tiers, rendering large applications economically irrational after broker fees and funding costs. The winner ratio at these tiers is negligibly small, highlighting a costly anomaly for aggressive bidders. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographics
Mainland Chinese investors dominated the IPO pool at 77.7%, underscoring strong cross-border demand and confidence in the offering. The gender split skews male at 65.7%, with an average age of 41.9, typical of Hong Kong retail IPO demographics where middle-aged male traders are most active. No regional breakdown is provided, but historical patterns often show concentration in Guangdong. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
