Core Viewpoint - Boreton Technology Co., Ltd. is planning to issue 13 million H-shares globally, with a proposed price of HKD 18.0 per share, aiming to raise approximately HKD 234 million, and is set to list on the Hong Kong Stock Exchange on May 7, 2025 [3][4]. Company Overview - Boreton was established in November 2016, originally known as Shanghai Boxi Intelligent Technology Co., Ltd. The company focuses on clean energy solutions, specifically designing and commercializing engineering machinery powered by new energy [3][4]. - The company has entered into cornerstone investment agreements with Hong Kong Xinwei Electronics Co., Ltd. and Changfeng Growth Fund, raising about HKD 63.11 million from these investors [3]. Market Position - According to Zhaoshang Consulting, Boreton ranks third and seventh among all new energy wide-body dump truck and loader manufacturers in China by shipment volume, with market shares of 18.3% and 3.8% respectively in 2024 [4]. - From 2022 to 2024, Boreton's shipment volume of electric wide-body dump trucks increased from 59 units to 307 units, representing a compound annual growth rate (CAGR) of 128.1%. The shipment volume of electric loaders grew from 326 units to 450 units, with a CAGR of 17.5% [4]. Financial Performance - Boreton's revenue for the years 2022, 2023, and 2024 was approximately RMB 360 million, RMB 464 million, and RMB 635 million respectively. The net losses for the same years were approximately RMB 178 million, RMB 229 million, and RMB 275 million [4][5]. - The adjusted net losses, according to non-International Financial Reporting Standards, were RMB 143 million, RMB 190 million, and RMB 218 million for 2022, 2023, and 2024 respectively [5].

4月25日，中国领先的新能源工程机械制造商博雷顿(01333.HK)正式启动全球招股，公司计划发行1300 万股H股，每股定价18港元，预计于5月7日在香港联交所主板挂牌上市。公司为国家级专精特新"小巨 人"，此次IPO引入欣旺达（300207）、长风基金为基石投资者。 博雷顿是次IPO，募资净额约1.478亿港元：约40%预期用于投资技术进步以及开发新产品及服务；约 40%预期将用于建立制造工厂及采购必要机器，以提升制造能力；约10%预期将用于扩大销售及服务网 络，以及品牌知名度；约10%预期将用于营运资金及一般公司用途。 博雷顿是次IPO招股引入2名基石投资者，合共认购6350万港元的发售股份，其中欣旺达通过全资子公 司香港欣威认购3850万港元、长风基金认购2500万港元。 公司成立以来累计获得四轮融资，共计约14.3亿元(人民币，下同)，获得了钟鼎资本、湘潭财信、星航 资本等机构的青睐。IPO前，钟鼎持股为7.03%，湘潭财信、长江车谷分别持股为5.72%，湖州青云持股 为5.28%，上海骥方持股为4.08%。 凭借在技术和产品上的突出表现，博雷顿荣获了多项权威认可。公司的动力系统成套件获上海市科学技 ...

Group 1 - The company, Boreton (01333.HK), plans to globally offer 13 million shares, with 1.3 million shares available in Hong Kong and 11.7 million shares for international sale, along with an over-allotment option of 1.95 million shares [1] - The subscription period for the shares is from April 25 to April 30, with a maximum offer price of HKD 18.00 per share, and an entry fee of approximately HKD 3,636.31 for a board lot of 200 shares [1] - The total expected fundraising amount is HKD 234 million, with a net amount of HKD 148 million, which will be used for establishing manufacturing facilities, purchasing necessary machinery, investing in technological advancements, developing new products and services, working capital, and expanding the sales and service network [1] Group 2 - The company has introduced cornerstone investors such as Hong Kong Xinwei Electronics Co., Ltd. and Changfeng Growth Open-Ended Fund, which will subscribe to approximately 3.5062 million shares at the offer price [1] - Boreton is expected to be listed on the main board on May 7, 2025, with China International Capital Corporation Hong Kong Securities Limited and CMB International Capital Limited serving as joint sponsors [1] - Boreton's business covers the entire clean energy production, storage, and utilization industry chain, providing integrated solutions for wind and solar energy management, hydrogen fuel and pure electric engineering machinery, mining trucks, heavy trucks, and unmanned driving innovations [1] Group 3 - The company's net profits for the years ending December 31 are projected to be -178 million, -229 million, and -275 million for 2022, 2023, and 2024 respectively, with year-on-year changes of -82.73%, -28.81%, and -19.67% [2]

智通财经APP讯，博雷顿(01333)于2025年4月25日至4月30日招股，拟全球发售1300万股H股，中国香港 发售股份130万股，国际发售股份1170万股，另有15%的超额配股权。每股发售价格18港元，每手200 股，预期股份将于2025年5月7日开始在联交所买卖。 集团是一家总部位于中国的电动工程机械提供商。集团设计、开发具有自动作业能力的电动工程机械并 使其商业化，以及提供智能运营服务。根据灼识咨询的资料，于2024年，集团于中国所有新能源宽体自 卸车及装载机制造商中分别排名第三及第七，按出货量计算，市场份额分别为18.3%及3.8%，为该两类 新能源工程机械头部制造商中唯一的纯新能源工程机械制造商。于2024年，按收入计算，集团于中国宽 体自卸车市场及装载机市场的市场份额分别为3.2%及1.3%，两个市场均包括新能源及燃油动力机械。 集团亦设计及开发电动牵引车的动力系统成套件，并与制造商合作将该等车辆投放市场。 集团是一家快速发展的电动宽体自卸车及装载机制造商。自2022年至2024年，集团的电动宽体自卸车的 出货量由59台增至307台，电动装载机的出货量由326台增至450台，复合年增长率分别为 ...