Core Viewpoint - Company plans to globally offer 24.3 million H-shares at a price of HKD 7.30 per share, with the offering period from November 25 to November 28, 2025, and expected trading to commence on December 3, 2025 [1] Group 1: Company Overview - Company specializes in coal series kaolin, possessing an integrated capability across mining, R&D, processing, production, and sales [1] - Company ranks fifth in the market with a 5.4% market share in the revenue of coal series calcined kaolin in China, according to Frost & Sullivan [1] - Main products include materials for precision casting and refractory materials, which are essential for precision casting shells and refractory materials [1] Group 2: Fundraising and Use of Proceeds - Company has entered into cornerstone investment agreements, with cornerstone investors agreeing to subscribe for shares totaling HKD 76.2 million, equating to 10.44 million shares at the offering price [2] - Estimated net proceeds from the global offering will be approximately HKD 124.3 million if the over-allotment option is not exercised, and an additional HKD 25.7 million if fully exercised [3] - Planned allocation of net proceeds includes approximately 70.8% for deep processing projects of aluminosilicate materials, 20.6% for establishing a new materials engineering technology research center, 0.6% for repaying bank loans, and 8.0% for working capital and general corporate purposes [3]
金岩高岭新材(02693.HK)预计12月3日上市 引入平煤香港等基石
Ge Long Hui·2025-11-24 23:12