Sou Hu Cai Jing·2025-09-02 11:22Group 1 - The listing of Aux Electric Co., Ltd. on the Hong Kong Stock Exchange marks the largest IPO project in the Hong Kong market this year, excluding A-share companies issuing H-shares [2] - The total issuance scale is approximately HKD 41.50 billion before the green shoe option and approximately HKD 47.73 billion after the green shoe option, assuming full exercise [2] - CICC acted as the sole sponsor and lead coordinator for the project, leveraging its deep understanding of Aux Electric's business to highlight its investment value and potential [2] Group 2 - Aux Electric is a leading and rapidly growing professional air conditioning provider, ranking among the top five in the global air conditioning market and first in the Chinese mass air conditioning market [5] - The company utilizes an innovative "online and offline integration" model to capture growth opportunities, particularly in lower-tier markets in China [5] - Aux Electric operates in over 150 countries, with more than 50% of its revenue coming from overseas, enhancing its market share through high cost-performance products and quality delivery [5] Group 3 - CICC's involvement in this project exemplifies its commitment to supporting Chinese manufacturing enterprises in enhancing their competitiveness through capital operations [3] - The company aims to continue its mission of "rooted in China, connecting with the world," leveraging its professional capabilities and international business advantages to assist Chinese enterprises in improving global competitiveness [3]