Group 1 - The company Zhongwei New Materials Co., Ltd. (stock code 2579) announced the results of its global offering, with a final issue price set at HKD 34.00 per share, below the maximum offer price of HKD 37.80, and at the lower end of the offering range [1] - A total of 104,225,400 H-shares were offered, with 10% allocated to the Hong Kong public offering and 90% to international placement, along with an overallotment option of 15,633,800 shares, all from the international placement [1] - The total proceeds from the offering are approximately HKD 3.544 billion, with a net amount of about HKD 3.433 billion after deducting issuance expenses [1] Group 2 - The Hong Kong public offering was oversubscribed by 27.90 times, with 40,241 valid applications, while the international placement had a subscription ratio of 4.08 times, ultimately allocated to 81 investors [1] - The offering structure remained unchanged as the Hong Kong public offering did not trigger the reallocation mechanism, maintaining the initial ratio of 10,422,600 shares for the public offering and 93,802,800 shares for international placement (excluding overallotment) [1] Group 3 - Nine cornerstone investors were introduced in this issuance, including Guizhou New Industrialization Development Equity Investment Fund, Baojian Investment (Hong Kong) Co., Ltd., and Zhongchuang Xinhang Technology Group Co., Ltd., collectively receiving 48,596,000 H-shares, accounting for 46.63% of the total offering [2] - Guizhou New Industrialization Fund was the largest cornerstone investor, receiving 22,159,800 shares, representing 21.26% of the total [2] - All cornerstone investors have committed to a six-month lock-up period starting from the listing date, until May 15, 2026 [2] Group 4 - The joint sponsors for the global offering are Morgan Stanley Asia Limited and Huatai International Financial Holdings Limited, with other intermediaries including CICC, Agricultural Bank of China International, and Bank of China International [2] - The H-shares of Zhongwei New Materials are expected to commence trading on the Hong Kong Stock Exchange on November 17, 2025, with a trading unit of 200 shares [2]
中伟新材（2579）香港公开发售获27.9倍认购 基石投资者占据46.63%发行规模 拟于11...