Group 1 - The company, Botai Che Lian (02889.HK), plans to globally offer 10.4369 million H-shares, with 1.0437 million shares available in Hong Kong and 9.3932 million shares for international offering, with the offering period from September 22 to September 25, 2025, at a price of HKD 102.23 per share [1] - The company is a leading provider of intelligent cockpit solutions in China, ranking as the third largest supplier of passenger car intelligent cockpit domain controller solutions with a market share of 7.3% as of 2024, following competitors with 21.7% and 10.4% market shares [1] - The company differentiates itself by offering integrated solutions that combine software, hardware, and cloud services, unlike other suppliers that primarily focus on hardware [1] Group 2 - The company has entered into cornerstone investment agreements, with cornerstone investors agreeing to subscribe for shares totaling approximately HKD 465.9 million, which translates to 4.55752 million shares at the offering price [2] - Estimated net proceeds from the global offering, assuming no exercise of the over-allotment option, are approximately HKD 919.1 million, with planned allocations of 30% for product and technology expansion, 30% for enhancing production and testing capabilities, 20% for expanding sales and service networks, 10% for strategic investments, and 10% for working capital and general corporate purposes [3]
博泰车联(02889.HK)预计9月30日上市 引入智联高科等基石
Ge Long Hui·2025-09-21 23:07