Group 1 - The core viewpoint of the article highlights the significant stock transfer of Daheng Kegong (02543) from Goldman Sachs (Asia) Securities to Futu Securities International Hong Kong, with a market value of HKD 183 million, accounting for 44.49% of the total [1] - Daheng Kegong is recognized as the largest folding bicycle company in mainland China, leading in both retail volume and retail value for folding bicycles in 2024 [1] - The company's IPO has garnered approximately 223,900 valid applications, achieving a subscription multiple of 7558.4 times, surpassing the previous record of 6289 times set by Mak's in 2018, establishing it as the new "super subscription king" in the Hong Kong stock market [1] Group 2 - The total market capitalization for the IPO is HKD 1.567 billion, with the offering price corresponding to a static PE ratio of approximately 27.4 times, which is higher than the industry average valuation of 22 times [1] - Guoyuan International previously commented that the company is a leader in the niche segment of the bicycle industry and is currently in a growth phase [1]
大行科工(02543)股东将股票由高盛(亚洲)证券转入富途证券国际香港 转仓市值1.83亿港元