果下科技(02655)12月8日至12月11日招股 拟全球发售3385.29万股H股 引入惠开香港等基石投资者

Core Viewpoint - The company, GuoXia Technology, is set to launch an IPO from December 8 to December 11, 2025, offering 33.85 million H-shares at a price of HKD 20.1 per share, with a focus on renewable energy solutions in the energy storage sector [1] Group 1: IPO Details - The global offering consists of approximately 10% for public sale in Hong Kong and 90% for international sale, with an additional 15% over-allotment option [1] - The expected trading start date for the H-shares on the Hong Kong Stock Exchange is December 16, 2025 [1] Group 2: Business Overview - GuoXia Technology specializes in renewable energy solutions and products, focusing on research and development of energy storage systems for various applications in both domestic and international markets [1] - The company is recognized as an early participant in integrating energy storage solutions with internet cloud technology and developing a digital energy management platform [1] Group 3: Use of Proceeds - The estimated net proceeds from the global offering, assuming a share price of HKD 20.1, will be approximately HKD 606 million [3] - The allocation of proceeds includes 44% for enhancing R&D capabilities, 19% for building an overseas operational network, 27% for expanding production capacity of energy storage products, and 10% for working capital and general corporate purposes [3] Group 4: Financial Performance - The company has experienced rapid growth, with revenue increasing from RMB 142 million in 2022 to RMB 314 million in 2023, and projected to reach RMB 1.026 billion in 2024, reflecting a compound annual growth rate (CAGR) of 168.9% [4] - Gross profit rose from RMB 35.6 million in 2022 to RMB 84 million in 2023, and is expected to reach RMB 155 million in 2024, with a CAGR of 108.6% [4] - The gross profit margin for the years ending December 31 for 2022, 2023, and 2024, as well as for the six months ending June 30 for 2024 and 2025, were 25.1%, 26.7%, 15.1%, 13.0%, and 12.5% respectively [4]