Core Viewpoint - Rongda Technology successfully listed on the Hong Kong Stock Exchange on June 10, 2025, becoming the fourth company from Fujian and the second from Xiamen to go public this year [2]. Group 1: IPO Details - The IPO involved a global offering of 18.4 million H-shares, representing 19.42% of the total shares post-issue, with a lower price limit set at HKD 10.00 per share, raising approximately HKD 184 million, and net proceeds of about HKD 131 million [2]. - The public offering was oversubscribed by 275.96 times, while the international offering saw a subscription rate of 0.96 times [2]. Group 2: Cornerstone Investors - Seven cornerstone investors participated in the IPO, collectively subscribing to approximately 8.03 million shares (HKD 80.3 million), accounting for 43.64% of the offered shares and 8.48% of the total shares post-issue [3]. - Notable subscriptions included HKD 10 million from Ms. Mao Zhili, HKD 5 million from Mr. Cao Ke, and HKD 20 million from Mr. Lin Xiaojian [3]. Group 3: Shareholding Structure - Post-listing, the shareholding structure shows that Xu Kaiming and Xu Kaihe hold approximately 74.98% of the shares, while other significant shareholders include Mr. Lin Huanan (2.65%) and Mr. Yang Litai (1.11%) [3]. Group 4: Company Overview - Founded in 2010, Rongda Technology specializes in automatic identification data collection (AIDC) devices and solutions, including printers, scales, POS terminals, and PDAs, with products sold in over 140 countries [4]. - According to Frost & Sullivan, Rongda Technology ranked as the ninth largest company in China's specialized printer market in 2023, with a market share of 1.8% [4]. Group 5: Market Performance - As of midday trading, Rongda Technology's share price was HKD 13.78, with a total market capitalization of approximately HKD 1.305 billion [5]. - The stock reached a high of HKD 17.56 and a low of HKD 13.12 since its listing, with a 52-week range reflecting similar volatility [6].
容大科技，成功在香港上市，福建今年第四家香港IPO