Group 1 - The core point of the news is that Dahang Technology (02543) is currently in the process of an IPO, with significant oversubscription indicating strong investor interest [1] - As of September 2, a total of HKD 781.0743 billion has been borrowed by brokers such as Futu, Huatai, and Yaocai for the IPO, resulting in an oversubscription of over 2001 times [1][3] - The total amount raised in the IPO is HKD 0.39 billion, highlighting the scale of the offering [3] Group 2 - The breakdown of the borrowing by brokers includes Futu with HKD 392.40 million, Huatai with HKD 140 million, and Yaocai with HKD 35 million, among others [3] - The interest rate for the borrowing from these brokers is reported to be 0.00% [3] - The total borrowing from other brokers amounts to HKD 159.661 million, contributing to the overall total [3]

Core Viewpoint - Dahon Technology, a leading manufacturer of folding bicycles, is conducting an IPO from September 1 to September 4, aiming to raise approximately HKD 390 million with a share price of HKD 49.5 per share [1][3]. Company Overview - Dahon Technology is the largest folding bicycle company in China, with a market share of 26.3% in retail volume and 36.5% in retail value as of 2024 [4]. - The company offers over 70 bicycle models, targeting different market segments: high-end (above RMB 5,000), mid-range (RMB 2,500 to 5,000), and budget (below RMB 2,500) [4]. Financial Performance - In the previous year, Dahon Technology reported revenue of RMB 450 million, representing a year-on-year growth of 50.2% [5]. - The total profit and comprehensive income amounted to RMB 52.3 million, also reflecting a growth of 50.1% year-on-year [5]. Investment and Subscription Details - As of September 2, Dahon Technology has received at least HKD 61.1 billion in margin subscriptions, with the public offering being oversubscribed by 1,557.7 times [3]. - The company has secured cornerstone investors, including Allianz Global Investors Asia Pacific and others, with a total investment of USD 12.76 million [6]. Use of Proceeds - The net proceeds from the IPO will be allocated as follows: approximately 30% for modernizing production systems and expanding operations, 30% for enhancing the distribution network and brand development, 30% for increasing R&D capabilities, and 10% for working capital and other general corporate purposes [7].

Group 1 - The core point of the news is that Dahang Kegong (02543) is currently in the process of an IPO, with significant oversubscription observed [1] - As of September 1, a total of HKD 19.70615 billion has been borrowed by brokers such as Futu, Huili, and others for Dahang Kegong, resulting in an oversubscription rate exceeding 504 times [1][3] - The total amount raised in the IPO is HKD 0.39 billion, indicating strong investor interest [3] Group 2 - The breakdown of the borrowing amounts by brokers includes Futu with HKD 11.45 billion, Huili with HKD 3.5 billion, and several others contributing smaller amounts [3] - The interest rates for the borrowed amounts from these brokers are all reported as 0.00%, suggesting a competitive environment for the IPO [3] - The total borrowing from other brokers sums up to HKD 3.49805 billion, further highlighting the extensive participation in the IPO [3]

Group 1 - The company, 大行科工 (2543.HK), has set its IPO date from September 1 to September 4, 2025, with an expected listing on the Hong Kong Stock Exchange on September 9, 2025 [1] - The company plans to globally offer 7.92 million shares at an IPO price of HKD 49.5, resulting in a post-issue market capitalization of HKD 1.568 billion and an H-share market value of HKD 392 million [1] - The total amount raised from the IPO is approximately HKD 392 million, with 25.01% of shares being issued [1] Group 2 - The company has introduced four cornerstone investors, including Allianz Global Investors, 嘉实基金, 维科香港, and 大湾区基金管理, who have subscribed for approximately HKD 99.68 million, accounting for 25.42% of the global offering [1] - As of September 1, 5 PM, the total subscription amount for the IPO reached HKD 20.223 billion, with a subscription multiple of 515.83 times [1] - Major securities firms such as 富途证券, 辉立证券, and 老虎证券 have contributed HKD 11.447 billion, HKD 3.5 billion, and HKD 3.006 billion respectively to the subscription [1]

Group 1 - The core viewpoint of the article highlights that the Chinese folding bicycle company, Daxing Technology (2543.HK), has commenced its public offering with significant interest from investors [1] - As of now, brokers have lent a total of HKD 20.223 billion in margin financing, indicating strong demand for the shares [1] - The public offering has raised HKD 39.2 million, which corresponds to an oversubscription rate of nearly 515 times [1] Group 2 - The subscription period for Daxing Technology will close on September 4, with the company expected to list on September 9 [1] - CITIC Securities International is serving as the sole sponsor for this public offering [1]

Group 1 - The company, Daxing Technology, has commenced its public offering with a significant oversubscription rate of nearly 515 times the amount raised [1] - The total amount of margin financing provided by brokers for the offering is approximately HKD 20.223 billion [1] - The public offering aims to raise a total of HKD 39.2 million, with the listing expected to occur on September 9 [1] Group 2 - The sole sponsor for the offering is CITIC Securities International [1]

重 要 提 示 重要提示： 閣下如對本招股章程的任何內容有任何疑問，應尋求獨立專業意見。 DAHON TECH (SHENZHEN) CO., LTD. 大 行 科 工（ 深 圳 ）股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） 全球發售 | 全球發售的發售股份數目 | ： | 7,920,000股H股（視乎超額配股權行使與否 | | --- | --- | --- | | | | 而定） | | 香港發售股份數目 | ： | 792,000股H股（可予重新分配） | | 國際發售股份數目 | ： | 7,128,000股H股（視乎超額配股權行使與否而定 | | | | 及可予重新分配） | | 發售價 | ： | 每股發售股份49.5港元，另加1.0%經紀佣金、 | | | | 0.0027%證監會交易徵費、0.00015%會財局 | | | | 交易徵費及0.00565%聯交所交易費（須於申 | | | | 請時以港元繳足，多繳款項可予退還） | | 面值 | ： | 每股H股人民幣1.00元 | 股份代號 ： 2543 獨家保薦人、保薦人兼整體協調人、獨家整體協調人、獨家全球協調人、 ...

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算 有限公司（「香港結算」）對本公告的內容概不負責，對其準確性或完整性亦不發表聲 明，並明確表示概不會就因本公告全部或任何部分內容而產生或因依賴該等內容而 引致的任何損失承擔任何責任。 除本公告另有界定者外，本公告所用詞彙與大行科工（深圳）股份有限公司（「本公 司」）所刊發日期為2025年9月1日的招股章程（「招股章程」）所界定者具有相同涵義。 本公告不會直接或間接於或向美國（包括其領土及屬地、美國任何州以及哥倫比亞 特區）發佈、刊發或派發。本公告並不亦無意構成亦不屬於在美國境內或於任何其 他司法管轄區購買或認購證券的任何要約或招攬的一部分。發售股份並無亦不會根 據1933年美國證券法（經不時修訂）（「美國證券法」）或美國任何州或其他司法管轄區 的證券法登記，且不會於美國境內提呈發售、出售、質押或以其他方式轉讓，惟獲 豁免遵守美國證券法或任何適用州立證券法登記規定或不受其規限的交易則另作別 論。發售股份不會於美國進行公開發售。發售股份僅可依據美國證券法S規例以及 發售及出售發生的各司法管轄區適用法律以離岸交易方式於美國境外發售及出售。 ...