Group 1 - The core viewpoint of the article is that China-based battery materials supplier Zhongwei New Materials (2579.HK) is launching an IPO, offering 104 million H-shares with a price range of HKD 34 to HKD 37.8, aiming to raise up to HKD 3.94 billion before the greenshoe option [1] - The IPO will allocate approximately 50% of the raised funds to expand production and supply chain capabilities, around 40% for R&D and digital advancement in new energy battery materials, and about 10% for working capital and other general corporate purposes [1] - The company has attracted nine cornerstone investors, who collectively subscribed for nearly HKD 1.659 billion worth of shares, accounting for approximately 44.33% of the total shares offered [1] Group 2 - Zhongwei New Materials serves a diverse client base that includes leading companies in the new energy materials, battery, automotive, and consumer electronics sectors [2] - Notable clients of Zhongwei New Materials include CATL, Tesla, BYD, Toyota, LG Chem, Samsung SDI, and SK On [2]
中伟新材今起招股，每股招股价34港元-37.8港元