Core Points - Zhongwei New Materials (02579.HK) shares closed at HKD 32.40, reflecting a decline of 4.594% and currently trading below the issue price [1] - The company was listed on the Hong Kong Stock Exchange on November 17, 2025, with a total of 104,225,400 shares offered, including 10,422,600 shares for public offering and 93,802,800 shares for international placement [1] - The final issue price was set at HKD 34.00, raising a total of HKD 3,543,663,600, with a net amount of HKD 3,432,609,775 after deducting estimated listing expenses [1] Underwriters and Coordinators - The joint sponsors and coordinators for the issuance include Morgan Stanley Asia Limited and Huatai Financial Holdings (Hong Kong) Limited, among others [2] - Additional joint global coordinators and bookrunners include China International Capital Corporation Hong Kong Securities Limited and BNP Paribas Securities (Asia) Limited [2] Cornerstone Investors - Key cornerstone investors include Guizhou New Industrialization Development Equity Investment Fund, Baoda Investment (Hong Kong) Limited, and Zhong Chuang Innovation Technology Group Co., Ltd. [3] - Other notable investors are Dongsheng Xianxing Technology, Guotai Junan Securities Investment (Hong Kong) Limited, and Hunan Xingxiang Emerging Industry Investment Fund [3]