Novosense(SH:688052) Shang Hai Zheng Quan Bao·2025-11-28 20:08Core Viewpoint - Suzhou Naxin Microelectronics Co., Ltd. is in the process of issuing H-shares and listing on the Hong Kong Stock Exchange, with the aim to provide information to the public and qualified investors in Hong Kong [1][2][3]. Group 1: H-share Issuance and Listing Process - The company submitted its application for H-share issuance and listing to the Hong Kong Stock Exchange on April 25, 2025, and resubmitted it on October 27, 2025 [2]. - On October 21, 2025, the company received confirmation from the China Securities Regulatory Commission regarding the filing for overseas issuance and listing [2]. - The listing hearing was held by the Hong Kong Stock Exchange Listing Committee on October 30, 2025, and the post-hearing information was published on November 18, 2025 [3]. Group 2: H-share Offering Details - The global offering of H-shares consists of 19,068,400 shares, with 1,906,900 shares allocated for public offering in Hong Kong and 17,161,500 shares for international offering [5]. - The maximum price for the H-shares is set at HKD 116.00 per share, with the public offering starting on November 28, 2025, and expected to end on December 3, 2025 [6]. - The H-shares are anticipated to be listed and commence trading on the Hong Kong Stock Exchange on December 8, 2025 [6]. Group 3: Share Buyback Announcement - The company announced a share buyback plan approved by its board on November 24, 2025, with details disclosed on November 25, 2025 [7]. - The announcement includes information about the top ten shareholders and top ten unrestricted shareholders, although specific details were not provided in the document [7].