09663 國鴻氫能
SINOSYNERGY
SINOSYNERGY
| Listing Date | 2023/12/05 |
| Listing Price | 19.660 |
Quote
Subscription Result
- Subscription Rate1.18x
- Guarantee One Lot Size1 lot
- One Lot Success Rate100%
|
|
|
|
|
|
|
|
|
|
IPO Detail
COMPANY PROFILE
Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co. is a technology-based hydrogen fuel cell company in the PRC focusing on research, development, production and sales of hydrogen fuel cell stacks and hydrogen fuel cell systems.
--
The Group occupied the largest market share at 24.4% in terms of shipments of hydrogen fuel cell stacks and the second largest market share at 21.8% in terms of shipments of hydrogen fuel cell systems in the PRC for the year ended 31 December 2022.
--
The embossed flexible graphite bipolar plates it produced were mainly utilized for its further production of hydrogen fuel cell stacks, and its hydrogen fuel cell stacks were mainly incorporated into its hydrogen fuel cell systems or sold to hydrogen fuel cell system manufacturers for further incorporation into their hydrogen fuel cell systems.
--
Its customers mainly comprise hydrogen fuel cell systems manufacturers and hydrogen fuel cell vehicles manufacturers located in the PRC.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Industrials |
| Major Business Area | China |
| Board Lot | 500 |
GLOBAL OFFERING
| No. of Offer Shares | 79.52M H shares |
| No. of International Offer Shares | 71.57M H shares |
| No. of HK Offer Shares | 7.95M H shares |
| Offer Price | $19.35 - $21.35 |
| Stock Code | 9663 |
| Sponsor(s) | Huatai Financial Holdings (Hong Kong) Limited |
| Underwriter(s) | Huatai Financial Holdings (Hong Kong) Limited, CMB International Capital Limited, GF Securities (Hong Kong) Brokerage Limited, Haitong International Securities Company Limited, Livermore Holdings Limited |
TIME TABLE
| Application Period | Nov 27 (Mon) - noon, Nov 30 (Thu) |
| Price Determination Date | Dec 01 (Fri) |
| Result Announcement Date | On or before Dec 04 (Mon) |
| Result Announcement Date | On or before Dec 04 (Mon) |
| Result Announcement Date | On or before Dec 05 (Tue) |
| Dealings in Shares commence on | Dec 05, 2023. (Tue) |
Reallocation of Shares Offered
| Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
| % of total shares reallocated to HK Offer | 30% | 40% | 50% |
Sales Statistics (HKD)
| Offer Price | $19.35 - $21.35 |
| Capitalization (H Shares) | 1.54B - 1.70B |
| NAV / share ($) | $7.51 - $7.80 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 20.35, the net proceeds raised would be HKD 1.51B, of which |
| 40% : Expanding the production capabilities of hydrogen fuel cell stacks and hydrogen fuel cell systems |
| 20% : Funding the research and development of hydrogen fuel cell stacks, hydrogen fuel cell systems, graphite bipolar plates and hydrogen production equipment |
| 10% : Funding the investment in, the potential acquisition of, or the alliance with companies in upstream industry |
| 10% : Use for joint development of downstream transit and stationary applications of its product portfolios |
| 10% : Use for team building, talents recruitment and training |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --Offer Price︰--
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).