SERES(SH:601127) Xin Lang Cai Jing·2025-11-04 15:26Core Points - Sais Group Co., Ltd. has set the final offer price for its global issuance at HKD 131.50 per share [1] - The total number of H shares issued in this global offering is 108,619,000, with 10% allocated for public offering in Hong Kong and 90% for international placement [1] - The total funds raised from this issuance amount to approximately HKD 14.28 billion, with a net amount of about HKD 14.02 billion after deducting listing expenses [1] Public Offering - The Hong Kong public offering received strong investor interest, with a total of 202,321 valid applications, resulting in an oversubscription of 132.68 times [1] - A total of 10,861,900 shares were allocated to the public offering segment [1] International Placement - The international placement attracted 234 participants, with an oversubscription of 8.61 times, leading to the allocation of 97,757,100 shares [1] - Due to the enthusiastic response from the public offering, the company exercised its option to adjust the offering volume, issuing an additional 8,419,000 shares [2] Cornerstone Investors - The offering includes a strong lineup of cornerstone investors, with 20 institutions and individuals participating, collectively receiving 48,828,700 shares, which is 44.95% of the total global offering [2] - Notable allocations include 16,553,200 shares to the Chongqing Industry Mother Fund, representing 15.24% of the total [2] Listing Information - The H shares of Sais Group are expected to be listed on the Hong Kong Stock Exchange on November 5, 2025, under the stock code 9927, with a trading unit of 100 shares [2] - The company has applied for a waiver from the requirement to allocate shares to existing minority shareholders, allowing some existing shareholders to participate as cornerstone investors or underwriters [2]