Core Viewpoint - Anhui Jinyan Kaolin New Materials Co., Ltd. successfully listed on the Hong Kong Stock Exchange, marking a significant milestone for the company and its parent group, Huai Bei Mining [1][2] Group 1: Company Overview - Anhui Jinyan Kaolin New Materials Co., Ltd. was established in 2012 and possesses a full industry chain capability from mining to sales of coal-based kaolin [2] - The company ranks fifth among coal-based calcined kaolin companies in China by revenue and is the largest producer of precision casting mullite materials in China, holding a market share of 19.1% [2] Group 2: IPO Details - The company issued 24.3 million H-shares, accounting for 25% of the total share capital post-issuance, at a price of HKD 7.3 per share, raising approximately HKD 177 million [1] - The IPO attracted four cornerstone investors, including Pingmei Shenma and Chuangli Group, with a total subscription amount of approximately HKD 76.22 million, representing about 42.97% of the issuance scale [1] - The public offering portion was oversubscribed by 6,876 times, ranking fifth in the history of Hong Kong main board IPO subscriptions, indicating strong investor interest [1] Group 3: Role of Guoyuan Securities - Guoyuan International acted as the lead sponsor and coordinator for the IPO, ensuring smooth regulatory approval through effective collaboration between domestic and international teams [2] - The firm organized multiple non-deal roadshows and engaged with strategic and financial investors to secure cornerstone investments, facilitating the successful listing of the company [2][3] Group 4: Strategic Implications - The successful listing of Jinyan Kaolin New Materials reflects Guoyuan Securities' commitment to enhancing financial services for the real economy and supporting Anhui enterprises in accessing international capital markets [3] - Guoyuan International plans to leverage Hong Kong's status as an international financial center to assist more Anhui companies in their international market endeavors [3]
国元国际牵头保荐安徽金岩高岭新材成功登陆港交所