Core Viewpoint - Guanghe Tong (00638) has successfully completed its global offering, raising approximately HKD 2.811 billion through the issuance of 135 million shares at a price of HKD 21.5 per share [1] Summary by Category Offering Details - The global offering consisted of 135 million shares, with 10% allocated for the Hong Kong public offering and 90% for international offering [1] - The expected trading start date for H-shares is October 22, 2025, at 9:00 AM on the Hong Kong Stock Exchange [1] Subscription Results - The Hong Kong public offering was oversubscribed by 550.99 times, indicating strong demand from local investors [1] - The international offering was oversubscribed by 9.16 times, reflecting significant interest from international investors [1]

Core Insights - HeSai Technology and Guanghe Tong have established a strategic partnership to jointly launch a multi-modal perception and control solution for robots, integrating LiDAR, dual-vision, and RTK technologies [1] Group 1: Partnership Details - The collaboration focuses on 3D LiDAR technology and AI visual algorithms [1] - The partnership aims to enhance capabilities in embodied intelligence, quadruped robotic dogs, and lawn-mowing robots [1] Group 2: Application and Impact - The solution is designed to assist robots in achieving precise positioning, environmental perception and obstacle avoidance, as well as path planning and navigation [1] - The solution has already been successfully implemented in a leading domestic embodied intelligence company [1]

该信息由智通财经网提供 智通财经APP获悉，广和通(00638)将于10月22日(周三)在香港挂牌。截至收盘，利弗莫尔证券暗盘交易 显示报价21.3港元，较招股价21.50港元下跌0.93%，每手200股，不计手续费，每手亏40港元。 ...

分时量 量:0 17.68万 21.260 1120( 21.240 1320( 21.220 18400( 21.200 MACD MACD(12,26,9):0.004 DIF :- 0.012 DEA:- 0.014 21.180 21.160 21.140 21.120 16:15 18:30 分时 5分 日K 1分 立即买入 立即卖出 • 行情来源: 利弗莫尔证券 • 广和通（300638）(00638)将于10月22日(周三)在香港挂牌。截至收盘，利弗莫尔证券暗盘交易显示报价21.3港元，较招股价21.50港元下跌0.93%，每手200 股，不计手续费，每手亏40港元。 | 18:34 | | | .Il 5G CD | | --- | --- | --- | --- | | | | 广和通 | | | 首页 | | FK 00638 暗霊 | | | 行情 | 板块 | 评论 券商持仓 | 实时数: | | 21.300 | | 成交 196.26万股 最高 25.000 | 今开 25.000 | | -0.93% -0.200 | | 换手 1.45% 最低 21.000 | 总市 28.7 ...

（文章来源：每日经济新闻） 每经AI快讯，广和通(00638.HK)将于10月22日(周三)在港股市场挂牌。截至发稿，暗盘交易显示报价 21.80港元，较招股价21.50港元上涨1.40%，每手200股，不计手续费，每手赚60港元。 ...

| 广和通 ( | | ಇ ೧ | | | --- | --- | --- | --- | | HK 00638 暗蛋 | | | | | 成交量 48.94万股 21.800 | | 今开 25.000 | | | 换手 0.36% +1.40% +0.300 | 最低 21.000 | 总市 29.45亿 | | | 20251021 16:19 价 21.800 1.40% 均 21.779 分时量 47800股 | | | | | 22.096 | 2.77% | 十档 | 成交明细 | | | | 22.040 | - - (- -) | | | | 22.020 | - - (- -) | | | | 22.000 | - - (- -) | | | | 21.980 | - - (- - ) | | | | 21.960 | - - - - - - ) | | | | 21.940 | 30000(1家) | | | | 21.920 | -- | | | | 21.900 | 4600(11家) | | | | 21.880 | -- | | | | 21.860 | 400(1家) | | ...

| | | | ರ ೧ | | | --- | --- | --- | --- | --- | | | HK 00638 暗盘 | | | | | | 成交量 48.94万股 21.800 | | 今开 25.000 | | | 最低 21.000 | 换手 0.36% +1.40% +0.300 | | 总市 29.45亿 | | | | 20251021 16:19 价 21.800 1.40% 均 21.779 分时量 47800股 | | | | | 2.77% | 22.096 | | | | | | | | 十档 | 成交明细 | | | | | 22.040 | - - (- -) | | | | | 22.020 | - - (- -) | | | | | 22.000 | - - (- -) | | | | | 21.980 | - - (- -) | | | | | 21.960 | - - - - - - ) | | | | | 21.940 | 30000(1家) | | | | | 21.920 | -- | | | | | 21.900 | 4600(11家) | | | | | ...

Group 1 - Guanghetong's stock price increased by 5.32%, reaching 29.89 CNY per share, with a trading volume of 395 million CNY and a turnover rate of 2.57%, resulting in a total market capitalization of 22.879 billion CNY [1] - Guanghetong Wireless Co., Ltd. specializes in the design, research and development, and sales services of wireless communication modules and related communication solutions, with 99.38% of its revenue coming from wireless communication modules [1] Group 2 - Yinhua Fund holds Guanghetong as a top ten heavy stock in its strategic emerging flexible allocation fund, with 78,900 shares, accounting for 2.84% of the fund's net value, resulting in an estimated floating profit of approximately 119,100 CNY [2] - The Yinhua Strategic Emerging Flexible Allocation Fund has achieved a return of 25.47% year-to-date, ranking 2995 out of 8241 in its category, and a return of 25.84% over the past year, ranking 3393 out of 8099 [2] - The fund manager, Su Jingran, has a tenure of 8 years and 74 days, with a total asset scale of 2.754 billion CNY, achieving a best return of 91.11% during his tenure [2]

Core Viewpoint - Guanghetong's stock price has shown significant fluctuations in 2023, with a year-to-date increase of 46.20%, but a recent decline in the last five trading days by 5.08% [1] Group 1: Stock Performance - As of October 21, Guanghetong's stock price was 28.95 CNY per share, with a market capitalization of 22.16 billion CNY [1] - The stock experienced a trading volume of 265 million CNY, with a turnover rate of 1.73% [1] - Year-to-date, the stock has been on the leaderboard once, with a net buy of 143 million CNY on January 21 [1] Group 2: Financial Performance - For the first half of 2025, Guanghetong reported a revenue of 3.71 billion CNY, a year-on-year decrease of 9.02%, and a net profit attributable to shareholders of 218 million CNY, down 34.66% year-on-year [2] - Since its A-share listing, the company has distributed a total of 869 million CNY in dividends, with 620 million CNY distributed in the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, Guanghetong had 82,400 shareholders, a decrease of 0.71% from the previous period [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 4.75 million shares, a decrease of 8.86 million shares from the previous period [3]

Core Viewpoint - Guanghe Tong (300638) has announced the pricing of its H-shares at HKD 21.50 per share, with the global offering expected to become unconditional on October 22, 2025, allowing trading to commence on the Hong Kong Stock Exchange [1] Summary by Sections - **Share Pricing and Offering Details** - The H-share price is set at HKD 21.50 per share [1] - The global offering is anticipated to become unconditional on October 22, 2025 [1] - **Trading Information** - H-shares are expected to start trading on the Hong Kong Stock Exchange at 9:00 AM on October 22, 2025 [1] - The trading unit for H-shares will be 200 shares [1] - The stock code for H-shares is 0638 [1]