三花智能(02050.HK)预计6月23日上市 GIC等豪华基石阵容加持

Group 1 - The company, Sanhua Intelligent (02050.HK), plans to globally issue approximately 360 million H-shares, with 25.22 million shares available in Hong Kong and about 335 million shares for international offering [1] - The expected pricing range for the shares is between HKD 21.21 and HKD 22.53, with the subscription period from June 13 to June 18, 2025, and trading expected to commence on June 23, 2025 [1] - According to Frost & Sullivan, the company is the largest manufacturer of refrigeration and air conditioning control components globally, holding a market share of approximately 45.5% in this sector [2] Group 2 - The company also ranks fifth in the global automotive thermal management system components market, with a market share of about 4.1% [2] - The company focuses on research and development in thermal management technology, providing energy-efficient solutions to global customers [2] - The company has established cornerstone investment agreements, with cornerstone investors agreeing to subscribe for shares totaling approximately USD 562 million (or about HKD 4.408 billion) [3][4] Group 3 - Assuming no exercise of the over-allotment option and a share price of HKD 21.87, the company estimates net proceeds from the global offering to be approximately HKD 7.7406 billion [5] - The intended use of proceeds includes approximately 30% for ongoing global R&D and innovation, 30% for expanding and building new factories in China, 25% for enhancing overseas capacity, 5% for strengthening digital infrastructure, and 10% for working capital and general corporate purposes [5]