大行科工今起招股 计划全球发售792万股H股

Core Viewpoint - The company, Daxing Kegong, is set to launch an IPO from September 1 to September 4, 2025, with a share price of HKD 49.5, aiming to raise approximately HKD 342 million for various operational enhancements [1] Group 1: IPO Details - Daxing Kegong plans to globally offer 7.92 million H-shares, with 792,000 shares available for public sale in Hong Kong and 7.128 million shares for international sale [1] - Key cornerstone investors, including Allianz Global Investors Asia Pacific and others, have committed to purchasing 2.0138 million shares, totaling around USD 12.7598 million [1] Group 2: Use of Proceeds - The funds raised will be allocated as follows: 30% for modernizing production systems and expanding operations, 30% for strengthening distribution networks and brand development, 30% for enhancing research and development capabilities, and 10% for working capital and general corporate purposes [1] Group 3: Company Overview - Daxing Kegong is the largest folding bicycle company in mainland China, ranking first in retail volume and revenue in 2024, with market shares of 26.3% and 36.5% respectively [1] - As of April 30, 2025, the company offers over 70 bicycle models and holds 113 valid patents in mainland China, along with 22 valid patents in the US, Europe, and Japan [1] - The company has established a comprehensive sales and distribution network, covering 680 retail points across 30 provincial-level administrative regions in China, and has expanded its online channels [1] Group 4: Market Position - According to Zhaoshang Consulting data, Daxing Kegong is the fastest-growing company in terms of sales and revenue among the top five folding bicycle enterprises in mainland China from 2023 to 2024 [1]