百利天恒：拟全球发售863.43万股H股 发售价347.5港元至389港元

Core Viewpoint - The company, Baili Tianheng (688506), is in the process of issuing H-shares and listing on the Hong Kong Stock Exchange, with the H-share prospectus published on November 7 [1] Summary by Relevant Sections H-share Issuance Details - The total number of H-shares for global offering is set at 8.6343 million shares [1] - The preliminary arrangement includes 863,500 shares for public offering in Hong Kong, accounting for approximately 10% of the total global offering [1] - The international offering consists of 7.7708 million shares, representing about 90% of the total global offering [1] Pricing and Timeline - The price range for the H-share issuance is initially set between 347.5 HKD and 389 HKD [1] - The public offering in Hong Kong commenced on November 7 and is expected to conclude on November 12 [1] - The final issuance price is anticipated to be announced by November 14 [1] - The H-shares are expected to be listed and commence trading on the Hong Kong Stock Exchange on November 17, 2025 [1]