Group 1 - The company, Jinyan Gaoling New Materials, has completed its subscription period from November 25 to November 28, with an oversubscription of 5,568 times based on a subscription amount of HKD 988 billion against a public offering amount of HKD 17.74 million [1] - The company plans to issue 24.3 million H-shares at a price of HKD 7.3 per share, aiming to raise approximately HKD 180 million, with an entry fee of HKD 3,686.8 for a minimum lot of 500 shares [1] - The company has entered cornerstone investment agreements with several entities, agreeing to subscribe for shares totaling HKD 76.2193 million under certain conditions [1] Group 2 - Jinyan Gaoling New Materials specializes in coal series kaolin in China, possessing an integrated value chain from mining, R&D, processing to production and sales [2] - According to Frost & Sullivan, the company ranks fifth in the market with a 5.4% market share in the revenue of coal series calcined kaolin companies in China for 2024 [2] - The company is the largest producer of precision casting mullite materials in China, holding a market share of 19.1% based on 2024 revenue [2] - The company's revenue for the fiscal years 2022, 2023, and projected for 2024 are approximately RMB 190 million, RMB 205 million, and RMB 267 million respectively, with net profits of RMB 24.423 million, RMB 43.617 million, and RMB 52.602 million for the same periods [2]
金岩高岭新材招股结束 孖展认购额录得988亿港元 超购5568倍