Novosense(SH:688052) Ju Chao Zi Xun·2025-12-05 02:38Core Viewpoint - Naxin Micro has announced the final public offering price for its overseas issuance of H-shares at HKD 116 per share, marking a significant step towards its international capital market expansion [1] Group 1: IPO Details - The H-share issuance is set to be listed and commence trading on the Hong Kong Stock Exchange on December 8, 2025 [1] - The global offering plans to issue approximately 19.0684 million H-shares, with around 1.9069 million shares available for public offering in Hong Kong and approximately 17.1615 million shares for international offering [1] - The company has granted an over-allotment option of up to 15% of the total shares offered in the global sale [1] Group 2: Use of Proceeds - Approximately 18% of the net proceeds will be allocated to enhance underlying technology capabilities and process platforms [2] - About 22% will be used to enrich the product portfolio, focusing on expanding applications in the automotive electronics sector [2] - Approximately 25% will be dedicated to expanding the overseas sales network and market promotion [2] - Another 25% will be utilized for strategic investments and acquisitions to achieve long-term growth [2] - The remaining 10% will be used for working capital and general corporate purposes [2]