Group 1 - The company, Jinyan Gaoling New Materials, has completed its IPO subscription with a total subscription amount of HKD 98.8 billion, significantly oversubscribed by 5,568 times compared to the 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 [1] - The funds raised will be allocated as follows: 70.8% for deep processing projects of mullite-based aluminum-silicon materials, 20.6% for establishing a research center for silicon-aluminum new materials, 0.6% for repaying bank loans, and 8% for working capital and general corporate purposes [1] Group 2 - Jinyan Gaoling New Materials specializes in coal series kaolin and has integrated capabilities across mining, R&D, processing, production, and sales [2] - The company ranks fifth in the market with a 5.4% market share in the revenue of coal series calcined kaolin companies in China, according to Frost & Sullivan [2] - Jinyan Gaoling New Materials is the largest producer of precision casting mullite materials in China, holding a market share of 19.1% [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 24.42 million, RMB 43.62 million, and RMB 52.62 million for the same periods [2]
新股消息 | 金岩高岭新材(02693)招股结束 孖展认购额录得988亿港元 超购5568倍