Core Viewpoint - Junsheng Electronics (0699.HK), a provider of smart automotive technology solutions, is launching an IPO from October 28 to November 3, aiming to raise up to HKD 3.66 billion with a maximum share price of HKD 23.6 per share [1] Fundraising and Allocation - The company is offering 155 million H-shares, with 10% allocated for public offering in Hong Kong and 90% for international placement [1] - The net proceeds from the IPO will be allocated as follows: approximately 35% for R&D and commercialization of automotive smart solutions and cutting-edge technologies; about 35% for enhancing manufacturing capabilities and cost efficiency, as well as optimizing supply chain management; around 10% for expanding market share in overseas markets and collaborating with OEM clients for international expansion; approximately 10% for potential investments and acquisitions in targets that complement the company's technical expertise, operational capabilities, and brand profile; and about 10% for working capital and general corporate purposes [1] Listing and Entry Costs - The expected listing date for the shares is November 6, with a minimum entry fee of HKD 11,919.01 for one board lot of 500 shares [1] - Joint sponsors for the IPO include China International Capital Corporation and UBS Group [1]
均胜电子(0699.HK)今起招股,入场费11919港元