股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: BBSB International Limited 呈交日期: 2026年2月5日 I. 法定/註冊股本變動 1. 股份分類 普通股 股份類別 不適用 於香港聯交所上市 (註1) 是 證券代號 (如上市) 08610 說明 | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | --- | --- | --- | --- | --- | --- | --- | | 上月底結存 | | 1,000,000,000 | HKD | 0.01 HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | HKD | | | | 本月底結存 | | 1,000,000,000 | HKD | 0.01 HKD | | 10,000,000 | 本月底法定/註冊股本總額： HKD 10,000,000 FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動 ...

Group 1: Market Activity - A total of 26 companies submitted applications to the Hong Kong Stock Exchange last week, marking a recent high in submissions [2] - Among the 26 companies, 3 passed the hearing, and 1 company is currently in the process of an IPO [10][12] Group 2: Industry Highlights - The semiconductor and computing sectors are particularly active, with companies like Weizhao Semiconductor and Placo Electronics submitting applications [2] - Weizhao Semiconductor reported a revenue of 615 million yuan and a profit of 40.25 million yuan for the first nine months of 2025 [2] - Placo Electronics achieved a revenue of 751 million yuan and a profit of 76.11 million yuan for the same period [2] Group 3: Robotics Sector - Several robotics companies, including Yifei Intelligent and Estun, are also pursuing listings [3] - Estun is ranked first in the industrial robotics sector by revenue, with a market share of 1.7% globally [3] - TuoStar is recognized as a leader in the domestic industrial robotics market, with a revenue of 1.688 billion yuan and a net profit of 47 million yuan for the first nine months of 2025 [3] Group 4: Biopharmaceutical Sector - Multiple biopharmaceutical companies are applying for listings, including Zeling Bio and Exegenesis Bio Inc. [4][5] - Zeling Bio reported a loss of 1.19 million yuan for the first nine months of 2025, while Exegenesis Bio has not yet received regulatory approval for its products [5][6] - Shanghai Shengsheng achieved a revenue of 538 million yuan and a net profit of 11.3 million yuan for the same period [4] Group 5: Food and Beverage Sector - The food and beverage sector is seeing significant activity, with companies like Yuanji Food and Qian Dama submitting applications [7] - Yuanji Food reported an adjusted net profit of 192 million yuan for the first nine months of 2025, a 31% increase year-on-year [7] - Qian Dama achieved a GMV of 14.8 billion yuan in 2024, maintaining its position as the top player in the community fresh product retail chain industry [7] Group 6: New Listings - Four new stocks were listed last week, with all experiencing price increases on their first trading day [13] - The stock of Howie Group, a global leader in CMOS image sensors, rose by 16.22% on its debut [13] - Zhaoyi Innovation, a storage chip leader, saw its stock price increase by 38.27% on its first day of trading [13]

Group 1: IPO Market Dynamics - The domestic and international capital markets have seen frequent IPO activities recently, marking an active start to the year [2] - Zhejiang Xingsheng Technology Co., Ltd.'s IPO was postponed on the day of its review, becoming the first IPO project to be postponed in 2026 on the Shanghai and Shenzhen stock exchanges [2] - The Hong Kong IPO market remains active, with 20 companies submitting listing applications covering high-growth sectors such as consumer retail, semiconductors, biomedicine, agriculture, and logistics [2] Group 2: Companies Approved for IPO - Suzhou Lianxun Instrument Co., Ltd. passed the review on January 14, becoming the first company to be approved for the Sci-Tech Innovation Board in 2026 and the first in the semiconductor industry to pursue A-share listing this year [2] - Lianxun Instrument's revenue grew from 214 million yuan in 2022 to 789 million yuan in 2024, with a projected net profit of 140 million yuan in 2024 [3][4] - Hangzhou Gaote Electronic Equipment Co., Ltd. successfully passed the review for the ChiNext Board on January 13, focusing on new energy battery management systems [5] Group 3: Financial Performance of Companies - Tianhai Automotive Electronics Group Co., Ltd. reported revenues of 6.557 billion yuan in 2022, increasing to 12.523 billion yuan in 2023, with a net profit of 324 million yuan in 2022 [6] - China Academy of Sciences Shenyang Scientific Instrument Co., Ltd. achieved revenues of 698 million yuan in 2022, projected to reach 1.082 billion yuan in 2024 [8] Group 4: New Listings in Hong Kong - Five companies listed on the Hong Kong market from January 12 to 16, including global third-largest digital image sensor supplier Omnivision Technologies, which saw a first-day closing price increase of 16.22% [9] - The storage chip leader Zhaoyi Innovation debuted with a first-day closing price increase of 38.27%, reflecting strong market recognition for hard technology [9] Group 5: Upcoming IPO Applications - The hard technology sector is prominent among new applications, with companies like Weizhao Semiconductor and Platinum Electronics focusing on power management chips and server power supplies [11] - Biomedicine and consumer sectors also show promise, with companies like Yinuo Micro Pharmaceuticals and Qian Dama seeking capital to expand their market presence [11][12]

Group 1 - The core viewpoint of the article highlights the transfer of BBSB INTL's shares from Baoshan Securities to Futu Securities, with a market value of HKD 32.16 million, representing 9.75% of the total shares [1] Group 2 - BBSB INTL is a civil engineering contractor with over 16 years of experience in Malaysia, primarily providing bridge engineering services for large transportation infrastructure projects initiated by the Malaysian government or its affiliated companies [1] - The company has strategically expanded its civil engineering services to include flood control projects, leveraging its reputation and experience in the Malaysian civil engineering sector [1] - The expansion into flood control engineering is facilitated by the common engineering processes shared between bridge and flood control projects, including planning, geotechnical engineering, structural design, construction methods, and environmental compliance [1]

Group 1 - The core viewpoint of the article highlights the transfer of shares of BBSB INTL from Baoshan Securities to Futu Securities International Hong Kong, with a market value of HKD 32.16 million, representing 9.75% of the total shares [1] Group 2 - BBSB INTL is a civil engineering contractor with over 16 years of experience in Malaysia, primarily providing bridge engineering services for large transportation infrastructure projects initiated by the Malaysian government or its affiliated companies [1] - The company has strategically expanded its civil engineering services to include flood control projects, leveraging its reputation and experience in the Malaysian civil engineering industry [1] - The expansion into flood control engineering is facilitated by the common engineering processes shared between bridge and flood control projects, including planning, geotechnical engineering, structural design, construction methods, and environmental compliance [1]

Core Viewpoint - BBSB International Limited (BBSB INTL) has been listed on the Hong Kong Stock Exchange, experiencing significant price fluctuations on its debut, with a closing price of 0.67 HKD, reflecting an increase of 11.67% from its final offering price of 0.60 HKD [1][3]. Group 1: Company Overview - BBSB INTL is a civil engineering contractor with over 16 years of experience in Malaysia, primarily providing bridge engineering services for large transportation infrastructure projects initiated by the Malaysian government or its associated companies [1]. - The company issued a total of 125,000,000 shares, with 12,500,000 shares available for public offering and 112,500,000 shares allocated for placement [2][3]. Group 2: Financial Details - The total amount raised from the offering was 75.00 million HKD, with a net amount of 50.00 million HKD after deducting estimated listing expenses of 25.00 million HKD [2][3]. - BBSB INTL plans to use the net proceeds to strengthen its financial position for potential project costs, expand its workforce, upgrade its information systems, and for general working capital [3]. Group 3: Key Investors - The cornerstone investors for BBSB INTL are Choy Joo Seong and Tan Nam Joo, each acquiring 11,664,000 shares, representing 9.33% of the total shares issued [5][6]. Group 4: Financial Performance - For the fiscal years 2023, 2024, and the first six months of 2025, BBSB INTL's projected revenues are approximately 76.8 million MYR, 133.0 million MYR, and 74.0 million MYR, respectively [6][7]. - The company recorded a net loss of approximately 14.5 million MYR in fiscal year 2023, followed by a net profit of about 26.2 million MYR in fiscal year 2024 and 3.2 million MYR in the first six months of 2025 [7][8].

Group 1 - BBSB INTL (08610.HK) experienced a significant increase of 25%, reaching HKD 0.75, with an early peak of over 400% at HKD 3.11 [1] - Hongxing Cold Chain (01641.HK) rose by 0.98%, with an early surge of nearly 60% [1] - Zhaoyi Innovation (03986.HK) saw a rise of 38%, with an early increase of over 50% [1]

Group 1 - BBSB INTL (08610.HK) had a strong debut on the Hong Kong stock market, with an initial surge of nearly 420%, later stabilizing at a 88.33% increase, priced at 1.13 HKD per share [2] - The public offering for BBSB INTL was oversubscribed by 10,745.13 times, with 12.5 million shares allocated, representing about 10% of the total offering [2] - The international placement was subscribed 1.01 times, with 113 million shares allocated, accounting for 90% of the total offering [2] Group 2 - The low entry cost of 2,828.24 HKD for 4,000 shares made BBSB INTL an attractive option for retail investors, contributing to high demand [3] - The final offer price was set at the lower limit of 0.6 HKD per share, raising a net amount of 50 million HKD [3] - BBSB INTL is a civil engineering contractor in Malaysia with over 16 years of experience, focusing on large-scale transportation infrastructure projects [4] Group 3 - BBSB INTL's revenue for the fiscal years 2023, 2024, and the first six months of 2025 were 76.757 million MYR, 133 million MYR, and 73.986 million MYR respectively, with net profits of -14.46 million MYR, 26.189 million MYR, and 3.201 million MYR [4] - The company ranks as the tenth largest bridge engineering subcontractor in Malaysia, holding a market share of approximately 2.5% [4]

Group 1 - BBSB INTL, a Malaysian civil engineering contractor, listed on the Hong Kong Growth Enterprise Market today, opening with a surge of 400% to HKD 3 per share [1][2] - The stock experienced a pre-listing surge in the dark market, closing up 356.67% at HKD 2.74 [1] - The company achieved a record oversubscription of 10,745.13 times for its public offering, indicating strong retail investor interest, while the international placement saw a modest oversubscription of 1.01 times [2] Group 2 - BBSB INTL has over 16 years of experience in civil engineering, focusing on bridge engineering design and construction for large transportation infrastructure projects, primarily initiated by the Malaysian government [3] - The company's financial performance has shown volatility but has recently turned profitable, with revenue projected to grow from approximately MYR 76.8 million in FY2023 to MYR 133 million in FY2024 [3] - After recording a net loss of approximately MYR 14.5 million in FY2023, the company successfully returned to profitability in FY2024 with a net profit of about MYR 26.2 million, although the net profit for the first half of 2025 decreased to MYR 3.2 million compared to the same period last year [3]

Group 1 - BBSB INTL (08610) has made its debut on the stock market, with a share price set at HKD 0.6, issuing a total of 125 million shares, and a net fundraising amount of approximately HKD 50 million [1][5] - As of the report, the stock price has surged by 336.67%, reaching HKD 2.62, with a trading volume of HKD 91.18 million [1][5] - The company is a civil engineering contractor with over 16 years of experience in Malaysia, primarily providing bridge engineering services for large transportation infrastructure projects initiated by the Malaysian government or its affiliated companies [1][5] Group 2 - BBSB INTL has strategically expanded its civil engineering services to include flood control projects, leveraging its reputation and experience in the Malaysian civil engineering sector [1][5] - The expansion into flood control is facilitated by the common engineering processes shared between bridge and flood control projects, including planning, geotechnical engineering, structural design, construction methods, and environmental compliance [1][5]