Core Points - Xipuni Precision Technology Co., Ltd. (西普尼) was listed on the Hong Kong Stock Exchange today, closing at HKD 106, representing a 258.11% increase from its final offering price [1] Summary by Sections Share Issuance and Capital Structure - The total number of shares issued under the global offering was 10,600,000 H-shares, with 1,060,000 shares available for public sale in Hong Kong and 9,540,000 shares for international placement [2] - After the listing, the total number of issued shares is 58,825,000 [2] Pricing and Proceeds - The final offering price was HKD 29.6, resulting in total proceeds of HKD 313.76 million. After deducting estimated listing expenses of HKD 45.19 million, the net proceeds amount to HKD 268.57 million [3][4] Use of Proceeds - Approximately 40.28% of the proceeds will be used to enhance production capacity, 33.24% for expanding and optimizing the sales network and brand building, 17.11% for strengthening R&D capabilities through the establishment of a research center, and 9.37% for working capital or general corporate purposes [4] Financial Performance - Xipuni's revenue for the fiscal years 2022, 2023, 2024, and the first five months of 2025 were HKD 323.70 million, HKD 445.48 million, HKD 456.56 million, and HKD 231.03 million respectively. The net profits for the same periods were HKD 24.54 million, HKD 52.10 million, HKD 49.35 million, and HKD 42.80 million [5][6] Cash Flow Analysis - The net cash generated from operating activities for the fiscal years 2022, 2023, 2024, and the first five months of 2025 were HKD 7.66 million, -HKD 35.75 million, HKD 34.96 million, and -HKD 10.56 million respectively [7]
西普尼港股募3.13亿港元首日涨258% 去年净利降